CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3

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CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
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Binance in the legal crosshairs: CFTC allegations and a $1B lawsuit from a law firm representing American investors. The crypto courtroom showdown begins!

against the crypto exchange by the law firm representing three American investors. The plaintiffs claim that Binance was involved in trading unregistered securities and paid influencers for the unlawful promotion of the services.

The governing document creates several categories of participants with different powers and responsibilities. For example, constitutional conservers have the job of “facilitating and protecting the Maker Governance process” by ensuring that other participants follow the constitution. CCs can become constitutional voter committee members or constitutional delegates.

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