CZ's Response to CFTC Lawsuit
Main points:
- He believes the complaint has incomplete facts and disputes many allegations.
- Binance has developed best-in-class compliance technology and blocks US users through various methods.
- The exchange is committed to transparency and cooperation with regulators and law enforcement globally.
- Binance holds the highest number of global licenses and registrations.
- The company enforces strict employee trading policies.
CZ isn't looking to pick a fight with regulators, and instead reiterates that Binance remains committed to collaboration with them. However, the exchange also makes it clear that it won't compromise on its own interests.
