9/17/2023 0 Comments Binance ceo us![]() ![]() Binance and its legal team have denied the allegations by the SEC and even accused the chairman Gary Gensler of a conflict of interest. Binance.US and Its Legal Team Allege SEC Issued Misleading Statements in Lawsuit. I commend Chairman Gensler for holding Binance accountable – better late than never – and I am hopeful the SEC moving forward will prioritize enforcement against the worst actors in the crypto ecosystem: dangerously deregulated, offshore, and overleveraged companies, which carry the greatest risk of losing customer funds. On Monday, the CFTC charged Binance and its chief executive and founder Changpeng Zhao with willful evasion of U.S. Binance.US and Its Legal Team Allege SEC Issued Misleading Statements in Lawsuit. ![]() “During a House Financial Services oversight hearing nearly two months ago, I pressed Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), to prioritize enforcement against deregulated offshore crypto companies like Binance and Tether.”Īfter years of standing idly by on the sidelines, the SEC has finally taken long overdue action against Binance Holdings and its founder, Changpeng Zhao, charging both with 13 counts of violating U.S. Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district. and founder, Changpeng Zhao, who are accused of mishandling customer funds and lying to U.S. Representative Ritchie Torres (NY-15), a member of the House Financial Services Committee, this afternoon issued the following statement about new legal action taken by the Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, and its C.E.O. Binance co-founder and CEO Zhao Changpeng speaks during a fireside chat during the Hong Kong Web3 Festival at the Wan Chai Convention and Exhibition Centre on April 12. ![]()
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