Hire a former DOJ prosecutor (report)
Hire a former DOJ prosecutor (report)
The world's largest cryptocurrency exchange-Binance-reports M. Kendall Day-has recruited a former public prosecutor of the US Ministry of Justice. Its main task will be to represent the company in the legal dispute against the US stock exchange supervisory authority SEC (Securities and Exchange Commission).
The agency waged war against Binance at the beginning of the month and accused her of violating several rules. According to one of the allegations, the stock exchange offered services with non -registered securities, such as the native token of the BNB platform and the StableCoin Busd.
prepare for the fight before
as reported as Bloomberg recently reported in the second case as a lawyer of bony. His extensive experience includes 15 years in the Ministry of Justice, where he worked as an economic prosecutor and later promoted the deputy deputy general prosecutor (DAAG).
Day headed the Department of Money Laundering and Vermible Assets and was responsible for around 200 prosecutors and other experts. He has also looked after top -class cases and investigations in connection with allegations of entrepreneurial and financial misconduct.
Interestingly, he must now stand on the opposite corner. The S made A lawsuit was filed at the beginning of the month in which Binance, CEO Changpeng Zhao (CZ) and Binance were accused of violating several rules. On the one hand, it claimed that the company and its American subsidiary operated "non-registered national securities exchanges, broker dealers and clearing agencies". Binance has also granted access to tokens that are considered non-registered securities, including BNB and Busd. "With thirteen charges we claim that ZHAO and Binance companies were involved in a comprehensive network of deception, conflicts of interest, lack of disclosure and calculated law enforcement," said SEC chairman Gary Gensler. zhao in turn remained unimpressed by the threat, Publication on "4" Twitter. For Follower, the latter has become a hint of ignoring "fake news" and negative information that is only distributed to the damage of the company. In addition to Binance, the SEC also made a complaint based in the USA. Similar to the above case, the supervisory authority accused the platform listed by Brian Armstrong, trade services with non -licensed securities such as the well -known digital assets SOL, MATIC, ADA, FIL, Sand, AX and more.
CEO Armstrong called Preserver-Spaces = "True"> Coinbase would be "proud", and added that it was finally clear about the clarity Create crypto rules. "We will do the work. Let us all progress in the meantime and build up as a industry.
. m. Kendall Day, St. Francis
Coinbase is another destination
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