Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Major cryptocurrency exchange Binance and its Chief Executive Changpeng Zhou have been sued by the Commodity Futures Trading Commission(CFTC) over regulatory violations, according to a court filing on Monday. Binance did not immediately respond to a request for comment. A spokesperson for the CFTC did not

Major cryptocurrency exchange Binance and its Chief Executive Changpeng Zhou have been sued by the Commodity Futures Trading Commission over regulatory violations, according to a court filing on Monday.

Binance did not immediately respond to a request for comment. A spokesperson for the CFTC did not respond immediately to requests for comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is going to become East vs West like how wumaos like to see it. Everything is West oppression against China 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple CEO praises China's history of co-operation on Beijing visitSHANGHAI - Apple CEO Tim Cook on Saturday (March 25) used his first public remarks on his visit to China to praise the country for its rapid innovation and its long ties with the US iPhone maker, according to local media reports. Apple CEO Tim Cook on Saturday used his first public remarks in China in recent years to praise...
Source: asiaonecom - 🏆 10. / 59 Read more »

TikTok committed to keeping app safe, says CEO Chew Shou Zi after US Congress hearingHe shared his thoughts in a video which has garnered more than 20 million views so far. Read more at straitstimes.com. It is about the app beholden to CCP criminals.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Who is Shou Zi Chew, the embattled TikTok CEO from Singapore?TikTok CEO Shou Zi Chew was grilled for around four-and-a-half hours by a bipartisan US Congress on 23 March amid increasing calls for a ban on the platform in the US over concerns about the Chinese government’s influence on the company. Chew was called to testify before the House Energy and Commerce Committee about TikTok’s “consumer privacy and data security practices, the platforms’ impact on kids, and their relationship with the Chinese Communist Party.” Members of both the Democratic Party Shouldn't have admitted anything. Ask them to prove it. I am sure they can't prove anything. I feel he is too soft. No need to admit anything. Instead ask them to prove it.
Source: YahooSG - 🏆 3. / 71 Read more »

TikTok CEO dodges questions on Uyghur persecution during House hearingTikTok CEO Shou Chew did not directly answer questions about China’s Uyghur persecution and possible Taiwanese invasion at a House committee hearing on Thursday. Chew, who was grilled by both Republican and Democratic lawmakers for five hours over the social media platform, insisted that he was only in Capitol Hill to speak about his company, which currently faces a potential nationwide ban over years-long national security concerns. Rep. Debbie Lesko (R, AZ-8) threw the Uyghur question three times at Chew. It’s amazing how the US government is able to politicise everything, spin, bend, and warp to get to their end goals. That was a personal question not
Source: YahooSG - 🏆 3. / 71 Read more »

Commentary: How well did TikTok CEO Chew Shou Zi hold out against US Congress grilling?Chew Shou Zi’s performance at a hostile congressional hearing was a missed opportunity for TikTok, says NTU’s Mark Cenite. 因為你不是台匪,始終都是無法說服他們 You cannot fight the facebook who was grilled in singapore It is a no brainer to stay away from any CCP apps.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Is TikTok CEO Chew Shou Zi Singaporean? Twitter users don’t seem to think so from the way he speaks.TikTok’s ‘daddy’ is now questioned if he’s really Singaporean. Yahoo should really do it's research before insinuating falsehoods...Chew was born to a average Singapore family where the father is working in the construction industry and mother a book-keeper. He was educated in Nanyang Primary, Raffles Institution, Hwa Chong and NUS.
Source: YahooSG - 🏆 3. / 71 Read more »