Binance says it's victim of ChatGPT smear
The company says someone is using A.I.-generated stories to smear it in the highest halls of power.
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The company says someone is using A.I.-generated stories to smear it in the highest halls of power.
If the commodities cops are taken at their word, Binance sacrificed regulatory compliance for the sake of growth.
The CFTC alleged Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs.
The CFTC sued Binance, Zhao and its former top compliance executive with ‘willful evasion’ of U.S. law, ‘while engaging in a calculated strategy of regulatory arbitrage to their commercial benefit’
The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC)...