Crypto giant Binance hit with US charges for breaking trade rules
- Economy
- AFP
- Published Date: 07:02 | 27 March 2023
- Modified Date: 07:02 | 27 March 2023
A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao for multiple violations on Monday, in another major move by Washington against the once promising sector.
Rostin Behnam, the chairman of Commodity Futures Trading Commission, said the charges against Binance were part of a campaign to "find and stop misconduct in the volatile and risky digital asset market."
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