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ongoing Binance lawsuitCoinGape
•Business
Business & Economics
66% Informative
Binance CEO Richard Teng has expressed optimism about the evolving crypto-friendly regulatory environment in the US .
Binance US ceased its operations following a June 2023 lawsuit from the US SEC .
The lawsuit alleged the exchange and Binance founder Changpeng Zhao CZ’ mishandled customer funds, misled investors and regulators, and violated securities laws.
However, the crypto exchange reached a landmark settlement with US authorities, agreeing to pay $4.3 billion .
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55
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53
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32
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formal
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English
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65
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