Binance’s $4.3B penalty hard to beat, CFTC senior official says

Crypto exchange Binance was majorly fined by the CFTC — but a senior commissioner says it should serve as a cautionary tale and not the norm.
Crypto exchange Binance was majorly fined by the CFTC — but a senior commissioner says it should serve as a cautionary tale and not the norm.
Crypto companies spent $22 million on lobbying last year but splashed nearly $19 million in the first nine months of 2023.
Binance significantly increased its spending on lobbying in the lead-up to its plea deal with the US government.
The day CZ announced a settlement with the DoJ and several US agencies, he posted a potentially problematic statement.
Perlman took up his role at Binance last year and is front and center in its attempts to negotiate numerous government investigations.