They're going after CZ Binance

CurrentThing

New Lister
The largest crypto exchange platform by trading volume has now found itself as the subject of a lawsuit. Specifically, Binance and CEO Changpeng Zhao has been sued by the US Commodity Futures Trading Commission (CFTC) for alleged regulations violations.

Bloomberg reported that the regulator is suing the exchange “for allegedly breaking trading and derivatives rules.” Moreover, the report states that “the FCTC filed the lawsuit Monday in federal court in Chicago.”

https://watcher.guru/news/binance-and-ceo-sued-by-us-cftc-for-alleged-regulatory-violations

Somehow, they even have his phone data. Was he hacked by the feds?


CZ's response:


The conspiracist in me thinks it could be revenge for FTX, or an effort to prevent mass movement into crypto following the central banking crisis
 
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