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SEC charges Binance and founder CZ with mishandling customer funds, illegally serving U.S. investors

Por: MarketWatch Politics June 06, 2023

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The complaint also alleges that Zhao, known in the crypto world as “CZ”, exercised control over customer assets and commingled them with personal and company holdings. “Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law,” SEC Chairman Gary Gensler said in a Monday statement. “As alleged, Zhao and... + full article



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