Binance & CZ Must Tackle Fresh Troubles as New Lawsuit Emerges

Crypto exchange Binance is facing new legal woes. Binance and CZ have been named in a lawsuit for misconduct. The exchange previously faced sanctions over money laundering ties.   Binance, the largest crypto exchange by trading volume, has recently faced intense legal challenges, including sanctions and convictions for regulatory violations. The troubles culminated in a hefty financial penalty, the ousting of its founder Changpeng Zhao (CZ), and his criminal sentencing, marking an end to its most intense chapter. While the dust has only begun to settle for the exchange and Zhao, a new looming battle threatens to reopen old wounds

Continue reading on DailyCoin.