US court enters order against Binance which will pay $2.7 billion to CFTC
By Syndicated ContentDec 18, 2023 | 5:06 PM
WASHINGTON (Reuters) – A U.S. court entered an order against crypto exchange Binance and its former CEO, Changpeng Zhao, concluding an enforcement action by the U.S. Commodity Futures Trading Commission, the agency said on Monday.
Zhao will pay $150 million and Binance will pay $2.7 billion to the CFTC as a result, the agency said in a statement.
(Reporting by Kanishka Singh in Washington; editing by Jonathan Oatis)
For the health and safety of everyone, our offices are temporarily closed to the public. If you have won a prize from us we will be mailing it to you or will contact you with specific information needed to redeem your prize. Feel free to call us with questions during weekday business hours at (517) 279-1590.
