{"id":170006,"date":"2023-11-09T04:07:07","date_gmt":"2023-11-09T01:07:08","guid":{"rendered":"http:\/\/kupitiblog.store\/576r\/u-s-sec-intensifies-legal-battle-against-binance-and-ceo-zhao\/"},"modified":"2023-11-09T04:07:07","modified_gmt":"2023-11-09T01:07:08","slug":"u-s-sec-intensifies-legal-battle-against-binance-and-ceo-zhao","status":"publish","type":"post","link":"https:\/\/kupitiblog.store\/576r\/u-s-sec-intensifies-legal-battle-against-binance-and-ceo-zhao\/","title":{"rendered":"U.S. SEC intensifies legal battle against Binance and CEO Zhao"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/kupitiblog.store\/576r\/wp-content\/uploads\/2023\/11\/a7c4c8d2f25656801f3d33408d31c21c.jpg\"  \/><br \/>\n<span class=\"text\"><\/span><br \/>\n<i class=\"imgGrad\"><\/i><\/p>\n<p>The legal skirmish between the U.S. Securities and Exchange Commission (SEC) and Binance, one of the world&#8217;s largest cryptocurrency exchanges, escalated today as the SEC filed new accusations against Binance, its U.S. subsidiary Binance.US, and CEO Changpeng &#171;CZ&#187; Zhao. The SEC staunchly opposed Binance&#8217;s recent plea for dismissal of the lawsuit, accusing them of security law violations and fraudulent activities.<\/p>\n<p>John Reed Stark, a cybersecurity expert, highlighted these developments in a post today, sharing a screenshot of the SEC&#8217;s opposition to Binance&#8217;s unlicensed U.S operations. Stark forecasted a legal defeat for Binance, given the compelling nature of the SEC&#8217;s arguments. He pointed out that the SEC has accused Binance of intentionally violating federal securities laws while acting as a broker, dealer exchange, and clearing agency.<\/p>\n<p>Furthermore, the document alleges that Zhao and Binance orchestrated a scheme to falsely depict their non-operation in the U.S., while secretly profiting from its capital markets and exerting control over operations to such an extent that employees felt manipulated.<\/p>\n<p>The SEC&#8217;s lawsuit against Binance, Zhao, and Binance.US originated in June 2023 over allegations of listing unregistered securities. It has since evolved into a complex dispute over access to U.S customer funds. Despite these accusations, Binance maintains that the SEC is overstepping its jurisdiction.<\/p>\n<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"http:\/\/www.investing.com\/news\/cryptocurrency-news\/us-sec-intensifies-legal-battle-against-binance-and-ceo-zhao-93CH-3227461\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legal skirmish between the U.S. Securities and Exchange Commission (SEC) and Binance, one of the world&#8217;s largest cryptocurrency exchanges, escalated today as the SEC filed new accusations against Binance, its U.S. subsidiary Binance.US, and CEO Changpeng &#171;CZ&#187; Zhao. The SEC staunchly opposed Binance&#8217;s recent plea for dismissal of the lawsuit, accusing them of security &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3345],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. SEC intensifies legal battle against Binance and CEO Zhao - BiznesSMI - \u043a\u043e\u0442\u0438\u0440\u043e\u0432\u043a\u0438 \u0432\u0430\u043b\u044e\u0442, \u0430\u043a\u0446\u0438\u0438, \u0444\u043e\u0440\u0435\u043a\u0441, \u0438\u043d\u0434\u0435\u043a\u0441\u044b, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0442\u0435\u0445\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0433\u0440\u0430\u0444\u0438\u043a\u0438, \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. SEC intensifies legal battle against Binance and CEO Zhao - BiznesSMI - \u043a\u043e\u0442\u0438\u0440\u043e\u0432\u043a\u0438 \u0432\u0430\u043b\u044e\u0442, \u0430\u043a\u0446\u0438\u0438, \u0444\u043e\u0440\u0435\u043a\u0441, \u0438\u043d\u0434\u0435\u043a\u0441\u044b, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0442\u0435\u0445\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0433\u0440\u0430\u0444\u0438\u043a\u0438, \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.\" \/>\n<meta property=\"og:description\" content=\"The legal skirmish between the U.S. Securities and Exchange Commission (SEC) and Binance, one of the world&#8217;s largest cryptocurrency exchanges, escalated today as the SEC filed new accusations against Binance, its U.S. subsidiary Binance.US, and CEO Changpeng &#171;CZ&#187; Zhao. 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