Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

(Reuters) - Major cryptocurrency exchange Binance and its Chief Executive Changpeng Zhou have been sued by the Commodity Futures Trading Commission(CFTC) over regulatory violations, according to a court filing on Monday.

Binance did not immediately respond to a request for comment. A spokesperson for the CFTC did not respond immediately to requests for comment.

(Reporting by Tom Wilson in London, Chris Prentice in Washington and Jaiveer Singh Shekhawat in Bengaluru; Editing by Shinjini Ganguli and Alun John)

By Tom Wilson