Binance Vs US CFTC: Court Deadlines and Looming DOJ Lawsuit
The district court has extended the deadlines for dismissing the lawsuit between Binance and the US CFTC, making it challenging for CZ (Changpeng Zhao, Binance’s CEO) to resolve the lawsuit before facing a potential lawsuit from the DOJ (Department of Justice).
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Binance, the world’s largest crypto exchange, along with its CEO Changpeng “CZ” Zhao and former chief compliance officer Samuel Lim, are trying to have the lawsuit filed by the US Commodity Futures Trade Commission (CFTC) dismissed. The court had allowed them to submit separate motions in support of their dismissal by July 27. Read More...