Major US financial market regulatory agency the Commodity Futures Trading Commission (CFTC) is suing Binance and its founder Changpeng Zhao.
, Lim have all chosen to ignore those requirements and undermined Binance’s ineffective compliance program by taking steps to help customers evade Binance’s access controls.”
is also under investigation by the US Internal Revenue Service and various federal prosecutors over concerns about poor adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) controls
is also being investigated by the US Securities and Exchange Commission over whether the exchange allowed US traders to access unregistered securities.
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