The CFTC and Binance did not immediately respond to a request for comment from the Reuters news agency.īinance and Zhao were also sued by the US Securities and Exchange Commission in June for allegedly operating a “web of deception”, listing 13 charges against Binance, Zhao and the operator of its purportedly independent US exchange.īinance is also under investigation by the US Justice Department for suspected money laundering and sanctions violations, Reuters reported earlier. Binance (technically Binance.US) is not available in some states, including Hawaii, New York, Texas and Vermont. In September 2019, it also launched a platform specifically dedicated for the United States, called Binance US, which is compliant with the regulatory. In its complaint, the CFTC said that from at least July 2019 to the present, Binance “offered and executed commodity derivatives transactions on behalf of U.S. The CFTC in March sued Binance, the world’s biggest crypto exchange, and Zhao for operating what the regulator alleged was an “illegal” exchange and a “sham” compliance programme. In March, Binance.US announced that it was available to Louisiana residents, meaning the exchange is now accessible in 45 US states. His hiring was part of a recruitment program by Binance among law enforcement officials in the United States, offering salaries that far exceeded what was available at many other finance and.

Binance and its CEO and founder Changpeng Zhao are planning to seek the dismissal of a US Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the United States Commodity Exchange Act and certain related federal regulations.īinance is due to submit its response to the CFTC complaint on July 27 and plans to seek dismissal, according to a court filing on Monday.

Binance us states available