Source: CCTV FinanceAccording to Reuters, on the 5th local time,U.S
Source: CCTV Finance
According to Reuters, on the 5th local time,U.S. Securities and Exchange CommissionThe commission stated that due to violations of US securities trading rulesIt has filed a lawsuit against the world's largest Cryptocurrency exchange, the Currency Exchange and its CEO.
On the same day, the US Securities and Exchange Commission filed a lawsuit in the federal court in Washington, D.C., accusing Yuan An and its CEO Changpeng ZhaoOperating unregistered exchanges, selling unregistered securities, and engaging in illegal activities such as abusing customer funds. The US Securities and Exchange Commission also accused Coin An, at least between September 2019 and June 2022,Engaging in false transactions and exaggerating transaction volumeEtc.
In response, Changpeng Zhao said on social media that the team will continue to ensure the stability of all systems, including withdrawal and deposit, and will respond to complaints once received.
After the announcement of this news, Coin On Coin fell in response, with a drop of nearly 10% at one point.Bitcoin experienced a short-term decline of over $1000, breaking below the $26000 level.
In March this year, the Commodity Futures Trading Commission also sued Yuan'an for illegal operation of digital asset derivatives exchanges. According to insiders, Coin An has also been investigated by the US Department of Justice for suspected money laundering and other activities.
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