Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

Technology

Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

(Reuters) - Major cryptocurrency exchange Binance and its Chief Executive Changpeng Zhou have been sued by the Commodity Futures Trading Commission(CFTC) over regulatory violations, according to a court filing on Monday.

Binance did not immediately respond to a request for comment. A spokesperson for the CFTC did not respond immediately to requests for comment.