Former CFTC Chair Massad on CFTC Lawsuit Against Binance: It's a 'Big Deal'

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'If you read the complaint there is so much detail to it ... It's really quite striking,' former CFTC Chair Timothy Massad says, reacting to the agency's lawsuit against crypto exchange Binance and its founder cz_binance. Watch more:

The CFTC has sued Binance on allegations that the crypto exchange offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs.

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