In response to the Securities and Exchange Commission’s (SEC) recent lawsuit accusing Binance of conducting unregistered securities operations, the United States district court in Washington, D.C. wasted no time in issuing a summons for Binance CEO Changpeng Zhao on June 7.

The summons, delivered just two days after the SEC’s legal action, notified Zhao of the lawsuit filed against him and the exchange.

A summons quickly served

While Binance CEO Changpeng Zhao may

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Author: Sarah Jansen

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