{"id":312685,"date":"2023-03-27T16:34:50","date_gmt":"2023-03-27T15:34:50","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=312685"},"modified":"2023-07-21T14:57:15","modified_gmt":"2023-07-21T13:57:15","slug":"cftc-sues-binance-over-alleged-breaking-of-trading-and-derivatives-rules","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/cftc-sues-binance-over-alleged-breaking-of-trading-and-derivatives-rules\/","title":{"rendered":"CFTC sues Binance over alleged breaking of trading and derivatives rules"},"content":{"rendered":"<p>The Commodity Futures Trading Commission (CFTC) has filed a <a href=\"https:\/\/www.docdroid.net\/60YAbCz\/cftc-binance-pdf\">complaint<\/a> against Binance over allegations of regulatory violations.<\/p>\n<p>A civil action was filed with the District Court of the Northern District of Illinois named Changpeng Zhao (CZ), Samuel Lim, and three Binance companies in the lawsuit.<\/p>\n<p>It alleged that the defendants had facilitated trading and derivative orders on commodities for U.S. citizens illegally.<\/p>\n<blockquote><p><span dir=\"ltr\" role=\"presentation\">&#8220;has solicited and accepted orders, accepted property to margin, and <\/span><span dir=\"ltr\" role=\"presentation\">operated a facility for the trading of futures, options, swaps, and leveraged retail commodity <\/span><span dir=\"ltr\" role=\"presentation\">transactions involving digital assets that are commodities including bitcoin (BTC), ether (ETH), <\/span><span dir=\"ltr\" role=\"presentation\">and litecoin (LTC) for persons in the United States.<\/span>&#8220;<\/p><\/blockquote>\n<p>More details to follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Commodity Futures Trading Commission (CFTC) has filed a complaint against Binance over allegations of regulatory violations. A civil action was filed with the District Court of the Northern District of Illinois named Changpeng Zhao (CZ), Samuel Lim, and three Binance companies in the lawsuit. It alleged that the defendants had facilitated trading and derivative [&hellip;]<\/p>\n","protected":false},"author":460,"featured_media":344271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77968,11],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CFTC sues Binance over alleged breaking of trading and derivatives rules<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/cftc-sues-binance-over-alleged-breaking-of-trading-and-derivatives-rules\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CFTC sues Binance over alleged breaking of trading and derivatives rules\" \/>\n<meta property=\"og:description\" content=\"The Commodity Futures Trading Commission (CFTC) has filed a complaint against Binance over allegations of regulatory violations. A civil action was filed with the District Court of the Northern District of Illinois named Changpeng Zhao (CZ), Samuel Lim, and three Binance companies in the lawsuit. It alleged that the defendants had facilitated trading and derivative [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/cftc-sues-binance-over-alleged-breaking-of-trading-and-derivatives-rules\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-27T15:34:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-21T13:57:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/03\/sec-cftc-crypto-reporting.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Wan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" 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