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“This seemed to be a pretty clear case of evasion and something that we needed to step in aggressively with and do it as quickly as possible because this was an The CFTC alleged that Binance has both offered and executed commodity derivatives transactions for customers in the U.S. since July 2025, and for much of that time This seemed to be a pretty clear case of evasion and something that we needed to step in aggressively with and do it as quickly as possible because this was an The U.S. agency sued Binance on Monday, the world's largest criptocurrency exchange. This seemed to be a pretty clear case of evasion and we need to do it as soon as possible because WASHINGTON : Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in aggressively and as quickly as possible, the chairman of the The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO, Changpeng Zhao (CZ), alleging that the exchange is “illegal” and a Rostin Behnam, director of the CFTC on Binance, “needed to intervene aggressively and to do so as quickly as possible” to stop Binance’s “continuing fraud.” WASHINGTON (Reuters) - Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in aggressively and as quickly as possible, the

CFTC Chief on Binance Fraud: Why Aggressive Intervention Was Necessary

The Commodity Futures Trading Commission (CFTC) took decisive action against Binance, the world\'s largest cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), filing a lawsuit alleging illegal activity and a "continuing fraud." The urgency of the situation demanded immediate and forceful intervention.

"We Needed to Step In Aggressively": The CFTC\'s Perspective

According to Rostin Behnam, director of the CFTC regarding Binance, U.S. authorities "needed to intervene aggressively and to do so as quickly as possible" to stop what they believed was ongoing fraudulent activity. The CFTC alleged that Binance has both offered and executed commodity derivatives transactions for customers in the U.S. since July 2025. The lawsuit emphasizes the need to protect U.S. consumers and maintain the integrity of the market.

Binance Lawsuit: A Case of Evasion?

Multiple sources highlight that "activity at Binance was a pretty clear case of evasion." This perceived evasion fueled the CFTC\'s decision to act swiftly and decisively. “This seemed to be a pretty clear case of evasion and something that we needed to step in aggressively with and do it as quickly as possible because this was an ongoing fraud."

The Urgency of Intervention: Stopping the Fraud

The CFTC\'s aggressive approach reflects the severity of the alleged violations. The agency believed that prompt action was crucial to prevent further harm to U.S. investors. “This seemed to be a pretty clear case of evasion and something that we needed to step in aggressively with and do it as quickly as possible because this was an ongoing fraud."

The U.S. agency sued Binance on Monday, marking a significant escalation in regulatory scrutiny of the cryptocurrency exchange. WASHINGTON (Reuters) - Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in aggressively and as quickly as possible, the chairman of the CFTC stated. The CFTC\'s stance is that prompt and decisive action was necessary to address what they saw as a clear and present danger to the integrity of the market and the protection of investors.

The CFTC alleged that Binance has both offered and executed commodity derivatives transactions for customers in the U.S. since July 2025, and for much of that time “This seemed to be a pretty clear case of evasion and something that we needed to step in aggressively with and do it as quickly as possible because this was an ongoing fraud.”

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