The US regulatory agency on Monday (March 27) on the grounds of intentional evasion (Willful Evasion) US law, sued the world's largest cryptocurrency trading platform, and Zhao Changpeng, chief executive and founder of the company.
According to Reuters, the US Commodity Futures Trading Commission (CFTC) refers to Binance and Zhao Changpeng to launch illegal transactions and false compliance plans.CFTC said that Binance and Zhao Changpeng, as well as the company's former senior compliance supervisor deliberately evaded US law and participated in a planned supervision arbitrage strategy to obtain commercial benefits.
CFTC refers to the compliance plan of Binance not to play any role, and said that the company told employees and customers to bypass compliance control.The committee also accused the former chief compliance officer of Binance, Samuel Lim, to help and instigate the company to perform illegal acts.
A spokesman for the Binance responded that the company was surprised and disappointed by CFTC's prosecution, but "still intends to continue to cooperate with regulatory agencies from the United States and around the world to protect users and formulate clear and thorough and thorough comprehensive ones.Regulatory system".Binance also invested funds for external partners to support compliance plans.
Zhao Changpeng said in the press release: "After preliminary review, the prosecution seems to contain incomplete factual statements, and we do not agree with many issues."
