- Binance, a leading cryptocurrency exchange, is preparing to counter lawsuits filed by both the SEC and CFTC in the United States.
- Company CEO Changpeng Zhao and other Binance entities are set to request the dismissal of the CFTC lawsuit at the Chicago Federal Court.
- Samuel Lim, who is in charge of regulatory compliance at Binance, will make a similar request, with the company, CZ, and Lim having until Thursday to submit their requests to the court.
Binance Gears Up for Legal Battle
COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
As one of the world’s leading cryptocurrency exchanges, Binance is gearing up to counter lawsuits filed by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. According to official court documents released on Monday, Binance affiliates and the company’s CEO, Changpeng Zhao, are planning to request the dismissal of the CFTC lawsuit at the Chicago Federal Court.
Regulatory Compliance at Binance
Samuel Lim, the executive in charge of regulatory compliance at Binance, will also submit a similar request. The company, along with Changpeng Zhao and Samuel Lim, have until Thursday to present their requests to the court. The move highlights Binance’s proactive approach to addressing regulatory concerns and its commitment to operating within the legal framework.
Complexity of the CFTC Complaint
Binance’s legal team has also requested an increase in the page limit for their defense due to the complexity of the CFTC’s complaint. The team believes that a larger number of arguments need to be put forward to strengthen their proposal for the dismissal of the case. As such, they have requested an increase in the page limit for their defense document.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
The CFTC had filed a lawsuit in March, alleging that Binance and its executives had breached derivative asset laws. CFTC Chairman Rostin Behnam had stated at the time that they had strong evidence and everything would become very clear once the case began.
COINOTAG recommends • Exchange signup |
🧱 Execute with discipline |
Watchlists, alerts, and flexible order control. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🧩 Keep your strategy simple |
Clear rules and repeatable steps. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧠 Stay objective |
Let data—not emotion—drive actions. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
⏱️ Trade when it makes sense |
Your plan sets the timing—not the feed. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
🌿 A calm plan for busy markets |
Set size and stops first, then execute. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
🧱 Your framework. Your rules. |
Design entries/exits that fit your routine. |
👉 Sign up → |