US sues Binance and founder Zhao over ‘web of deception’

US regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception”, piling further pressure on the world’s biggest cryptocurrency exchange and sending Bitcoin to its lowest in almost three months. The Securities and Exchange Commission (SEC) complaint, filed in a federal court in Washington, DC, listed 13 charges against Binance, Zhao and the operator of its purportedly independent … Continue reading US sues Binance and founder Zhao over ‘web of deception’