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Binance and its former CEO, Changpeng Zhao, are facing a new class action lawsuit filed on August 16 in the U.S. District Court for the Western District of Washington in Seattle. The lawsuit, initiated by three investors, alleges that Binance enabled money laundering by allowing stolen cryptocurrency to be deposited and withdrawn through its platform. The plaintiffs claim that these actions violated U.S. financial regulations and resulted in consumer harm. The lawsuit is part of a broader legal scrutiny facing Binance over its compliance practices.
Binance and its former CEO Changpeng Zhao are facing a new class action lawsuit⚖️ Plaintiffs allege that the world's largest crypto exchange facilitated the laundering of stolen crypto assets. Read more: https://t.co/4umPkzj5YR https://t.co/6Bp5rh7tBE
Legal Update: @binance sued again. August 16th in Seattle a new class action lawsuit is filed against @binance charging them with disregarding AML and other consumer protection laws in the US. IMO: Seems like a fabricated or sensationalized lawsuit for the sake of further FUD… https://t.co/tU1oLy6dkZ
BREAKING: CZ & Binance Sued In U.S. Court #Binance #Crypto https://t.co/mDdhhHtXYB
