Jane Street, Tower Research and Radix are Binance’s ‘VIP’ clients in CFTC suit: Report

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Jane Street, Tower Research and Radix are Binance’s ‘VIP’ clients in CFTC suit: Report
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The three trading firms to have allegedly received “VIP” treatment from Binance have reportedly been identified as Jane Street Group, Tower Research Capital and Radix Trading.

to an April 5 Bloomberg report citing “people familiar with the matter,” Radix Trading is “Trading Firm A” as described in the Commodities Futures Trading Commission’s suit, while Jane Street was “Trading Firm B” and Tower Research was “Trading Firm C.”The Wall Street Journal firstRadix co-founder Benjamin Blander told the WSJ in a March 30The claimed “VIP” treatment from Binance included lower transaction fees and faster trading services, the CFTC said in the filing.

Today the CFTC charged Binance and its founder, Changpeng Zhao, with willful evasion of federal law and operating an illegal digital asset derivatives exchange. Learn more:

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