{"id":27409,"date":"2023-06-24T15:14:46","date_gmt":"2023-06-24T15:14:46","guid":{"rendered":"https:\/\/news24feed.com\/?p=27409"},"modified":"2023-06-24T15:14:47","modified_gmt":"2023-06-24T15:14:47","slug":"sec-sues-binance-and-ceo-zhao-for-violating-us-securities-rules","status":"publish","type":"post","link":"https:\/\/news24feed.com\/?p=27409","title":{"rendered":"SEC sues Binance and CEO Zhao for violating US securities rules"},"content":{"rendered":"<p><\/p>\n<p>The United States Securities and Exchange Commission charged Binance Holdings Ltd.  and its CEO, Changpeng Zhao, of mishandling client funds, misleading investors and regulators, and violating securities rules. <\/p>\n<p>In <a href=\"https:\/\/www.sec.gov\/files\/litigation\/complaints\/2023\/comp-pr2023-101.pdf\" title=\"SEC complaint\" itemscope=\"itemscope\" itemprop=\"StoryLink\" target=\"_blank\" rel=\"noopener\">a 136 pages <\/a>In a complaint filed Monday in US federal court in Washington, the SEC filed a series of alleged violations against the world&#8217;s largest crypto exchange and its leader.  For years, they ignored basic know-your-customer rules, letting Americans open accounts and trade incorrectly, the watchdog said.  It&#8217;s just the latest legal headache for Zhao and Binance.  <\/p>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-06-05\/sec-sues-binance-and-ceo-zhao-for-breaking-us-securities-rules\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States Securities and Exchange Commission charged Binance Holdings Ltd. and its CEO, Changpeng Zhao, of mishandling client funds, misleading investors and regulators, and violating securities rules. In a 136 pages In a complaint filed Monday in US federal court in Washington, the SEC filed a series of alleged violations against the world&#8217;s largest crypto exchange and its leader. For years, they ignored basic know-your-customer rules, letting Americans open accounts and trade incorrectly, the watchdog said. It&#8217;s just the latest legal headache for Zhao and Binance. [ad_2] Source link<\/p>\n","protected":false},"author":8,"featured_media":27410,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-videos"],"_links":{"self":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts\/27409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27409"}],"version-history":[{"count":1,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts\/27409\/revisions"}],"predecessor-version":[{"id":27411,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts\/27409\/revisions\/27411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/media\/27410"}],"wp:attachment":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}