US court approves settlement against Binance, firm to pay $2.7B to CFTC
Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance will pay $2.7 billion to conclude the CFTC enforcement action. Go to Source
Binance CFTC
Auto Added by WPeMatico
Jim Cramer Advises Against Using Binance — Says Crypto Exchange Is ‘Way Too Sketchy’
The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.” Cramer cited former regulator Timothy Massad, who previously served as chairman of the U.S. Commodity Futures Trading Commission (CFTC). The regulatory agency recently took action against Binance and its CEO, … Read more
