SEC summons CZ, more Binance dirty laundry exposed
The summons to Changpeng Zhao and his Cayman-based Binance Holdings Ltd formally alerts the defendants that they have 21 days following service to respond to the SEC's complaint.
The summons to Changpeng Zhao and his Cayman-based Binance Holdings Ltd formally alerts the defendants that they have 21 days following service to respond to the SEC's complaint.
Receipts are piling up against Binance, while boss Changpeng Zhao is in a race against time to flip the table before his empire implodes and see himself end up like FTX's Sam Bankman-Fried.
Wall Street Journal recently reported on internal communications that poke larger holes in Binance’s repeated assertions that the Binance.US exchange is an independent entity.
Binance US former chief Catherine Coley has been missing from the limelight since she was replaced under curious circumstances in 2021, and the conspiracy theories are hitting a fever pitch.