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Binance, CZ to Seek Dismissal of CFTC Complaint


Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC complaint alleging that it broke derivatives laws...

Binance and CEO Changpeng Zhao Plan to Submit Motion to Dismiss CFTC Lawsuit


Binance, the world's biggest crypto exchange, billionaire founder Changpeng Zhao – CZ – and the exchange’s former compliance chief Samuel Lim have intended to file two motions to dismiss a complaint from the Commodity Futures Trading Commission (CFTC). Per a court filing on Monday, Binance and...

Blockchain Australia CEO highlights repercussions to Government actions


LUNA tanked 99.7% in 2022. The entire crypto ecosystem crashed in a couple of days. The result was that users either ended up losing their money or had to incur heavy losses. This triggered regulators across the globe to start drafting stricter laws for crypto ventures. This has been taken with...

Ripple CEO blames SEC for mess surrounding company


Brad Garlinghouse, who is the CEO of Ripple, pinned the blame on the Securities and Exchange Commission for the wrong judgment that was passed against the company.  Through a double tweet, he claimed that the SEC was responsible for the entire mess surrounding Ripple and the false allegations...

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