US court invites Binance CEO Changpeng Zhao

Sophie Müller
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  • A US court has given a summons for Binance CEO Changpeng Zhao.
  • He has 21 days to answer, although he does not have to appear personally.
  • according to the court document Zhao's address was given as Malta.

The US district court in Washington, D.C. has published a summons for Changpeng Zhao, the CEO of Binance.

The summons for CZ took place on Wednesday, June 7th, and only two days after the US stock exchange supervision SEC had sued the CEO of Binance and its crypto exchange for suspected securities.

according to

" If you do not react, a default judgment will be issued because of the compensation required in the complaint " "

Mr. Zhao did not comment on the news development at the time of writing. Since it is a developing story, we will update it.

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Source: Coinlist.me

Sophie Müller
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