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Jane Street, Tower Research and Radix Are Binance’s ‘VIP’ Clients in CFTC Suit: Report

Jane Street Group, Tower Research Capital, and Radix Trading have been identified as Binance's three "VIP" clients in the recent lawsuit filed against Binance by the US commodities regulator. Radix Trading is "Trading Firm A" in the Commodities Futures Trading Commission's (CFTC) suit, while Jane Street was "Trading Firm B" and Tower Research was "Trading Firm C." The firms were examples of US clients allegedly able to access Binance. The CFTC claimed that the "VIP" treatment from Binance actively facilitated violations of US law by helping US trading firms evade Know Your Customer (KYC) compliance standards. Binance has denied the claims of compliance and market manipulation violations.

(By BRAYDEN LINDREA)

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