Binance Hit with Lawsuits and Regulatory Action, Leading to Departure of High-Ranking Executives

Binance has faced legal action and lawsuits in various countries, resulting in the departure of multiple high-ranking executives, including the Head of Binance UK, the former CEO of Bifinity, and the former CEO of Binance.US.

The company's CEO and co-founder, Changpeng Zhao, is facing charges from the CFTC, SEC, and potentially the Department of Justice in the United States for alleged crimes such as money laundering and offering unregistered securities. Several executives have left the company in recent months, with some resigning due to CZ's handling of the DOJ investigation.

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Binance Hit with Lawsuits and Regulatory Action, Leading to Departure of High-Ranking Executives

All Comments

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Decentralized AI platform Nodepay completes $7 million in second round of financing

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