CFTC Says Penalties and Disgorgement of Funds Regarding, Binance and Changpeng “CZ” Zhao Approved: Zhao Pays $150M, Binance Forks Over $2.7 Billion
The Commodity Futures Trading Commission (CFTC) states that the court deciding the case against Binance and its founder Changpeng “CZ” Zhao has formalized the settlement of a $150 million civil monetary penalty personally against Zhao, and Binance to disgorge $1.35 billion of “ill-gotten” transaction fees… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged binance, cftc, changpeng zhao, cz, enforcement, samuel lin, zhao