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Binance, CEO Zhao Sued by CFTC Over 'Willful Evasion' of U.S. Laws, Unregistered Crypto Derivatives Products

The CFTC alleged Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs.

Binance CEO Changpeng Zhao (Antonio Masiello/Getty Images)
Binance CEO Changpeng Zhao (Antonio Masiello/Getty Images)