“Binance’s compliance program has been ineffective,” the statement said.
At Zhao’s direction, Binance employees and customers were directed to skirt compliance controls “to maximize corporate profits,” the regulator added.


Insider Paper
Crypto giant Binance hit with US charges for breaking trade rules
A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao for multiple violations, in another move by



