Bitcoin crashes immediately at $ 1400

Bitcoin crashes immediately at $ 1400

The United States Commodity and Futures Trading Commission (CFTC) sued the CEO of the world's largest cryptocurrency exchange Binance - Changpeng Zhao.

• According to a CNBC report, CZ-the CEO of Binance-is sued by the CFTC for alleged violation of trade regulations.
• The application for the court stipulates that the stock exchange has pursued a "calculated approach to the recruitment of US customers in violation of federal regulations".
• CZ and his former compliance representative Samuel Lim supposedly actively cultivated "lucrative and commercially important VIP customers, including institutional customers, in the United States".
• As a result, the price of BTC fell by more than $ 1400 before it easily recovered at the time of the letter.

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