![]() Zhao rejected the allegations, saying the regulator’s complaint “appears to contain an incomplete recitation of facts.”.Commodity Futures Trading Commission sued Zhao and Binance, the world’s largest crypto exchange, for allegedly offering unregistered cryptocurrency derivatives in the U.S. Binance.US did not immediately respond to Forkast’s request for comment.Another person familiar with the matter said the company executives have explored how such a move could help with the firm’s image in the eyes of U.S authorities.One unnamed source told the media outlet that Zhao, who’s the majority owner of Binance.US, has been trying to offload some of his stake in the firm since last summer.See related article: Binance.US cites ‘hostile’ regulator, yanks US$1.3 billion deal to buy Voyager Digital Fast facts clients, is reportedly exploring ways to cut Zhao’s ownership stake in the company, The Information reported on Thursday, citing two sources familiar with the matter. ![]() Some of the data that are collected include the number of visitors, their source, and the pages they visit, a cryptocurrency exchange set up by Binance chief Changpeng Zhao to serve U.S. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. The pattern element in the name contains the unique identity number of the account or website it relates to. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.Ī variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. ![]() It does not store any personal data.Īnalytical cookies are used to understand how visitors interact with the website. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. CZ’s response could alleviate the tensions surrounding the exchange. Speculations, fear, and uncertainty can lead to investors hurting the company’s reputation.
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