Discover and read the best of Twitter Threads about #CryptoCrime

Most recents (1)

🚨 Breaking: CFTC Sues Binance & CZ - Unpacking the Allegations 📉 #BinanceLawsuit

The CFTC has sued crypto exchange Binance & CZ over allegations of knowingly offering unregistered crypto derivatives products in the US & violating federal laws.

Let's dive into the details.🧵👇
1/ 🔍 The lawsuit alleges that Binance operated a derivatives trading operation in the US, offering trades for cryptocurrencies like BTC, ETH, USDT, and BUSD, referred to as commodities in the suit. #Binance is accused of directing employees to use VPNs to spoof their locations.
2/ CFTC's Charges Against Binance📜

The CFTC is charging Binance with violating laws around offering futures transactions, illegal off-exchange commodity options, failing to register as a futures commissions merchant, designated contract market or swap execution facility & more
Read 15 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!