• Coin An is accused of being investigated by the US Department of Justice and the Internal Revenue Service, responding to reports of cooperation with local regulators and fluctuations in BNB prices

    On the evening of May 13th, it was reported that Coin An was facing investigation by the US Department of Justice and the Internal Revenue Service. Binance has previously stated to the public that Binance

    2023-04-28
  • The 'Coin Circle' was thunderous late at night! Suspected of violating regulatory measures, the world's largest exchange, Coin An, and CEO Zhao Changpeng are being sued

    Reporter: Cai Ding, Editor: Gao HanSince the beginning of this month, there has been a continuous turmoil in the "coin circle".After Justin Sun, founder of Tron and member of Huobi's global advisory board, was sued by the Securities and Exchange Commission (SEC) on March 22, Eastern Time,On Monday, March 27th Eastern Time, the US Commodity Futures Trading Commission (CFTC) sued Binance, the world's largest cryptocurrency exchange, and its CEO, Zhao Changpeng, for alleged violations of regulatory measures.It is reported that CFTC filed the above-mentioned lawsuit in the Federal Court of Chicago on March 27th Eastern Time. CFTC stated that Coin An did not register with it, thus evading a series of its obligations.According to a Bloomberg report,Since at least 2021, the CFTC has been investigating whether Coin Security has failed to prevent the American public from buying and selling cryptocurrencies and their derivatives.According to CFTC rules, if a platform allows the American public to trade a certain derivative, it must be registered with that institution.Image source: TwitterAfter being sued by the US CFTC, Zhao Changpeng posted a one word tweet on his personal social media platform:fourSuspected of citing the fourth clause of its 2023 focus and recommendations released at the beginning of the year in response: IgnoreFUD, fakenews, attachments, etc, Ignoring FUD (fear, confusion, doubt) messages, fake news, malicious attacks, etcCFTC: The defendant intentionally disregarded relevant terms and regulationsAccording to a Bloomberg report,CFTCIRSSEC

    2023-04-28