Binance Calls Out Regulatory Overreach by CFTC, Asks Court to Dismiss Lawsuit

On Thursday, July 27, crypto exchange Binance and its co-founder Changpeng Zhao asked a federal court to dismiss the lawsuit filed by the US Commodities and Futures Trading Commission (CFTC). Yesterday, attorneys representing Binance and Zhao filed a motion to dismiss the lawsuit in the Chicago court. The attorneys have called out CFTC for its

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