Binance CEO Has Reportedly Hired Lawyers to Represent Him Personally

Legal pressure on Binance has underscored the potentially “chilling” effect of a U.S. crackdown on crypto.1

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The company is facing scrutiny from multiple agencies, including a suit filed by the CFTC against both Binance and its founder.

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Zhao has hired white-collar defense lawyers from the law firm Latham & Watkins to represent him personally.

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Court documents filed show that lawyers at top firms have been brought in to represent both the company and Zhao.

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Meanwhile, the Department of Justice is investigating Binance’s conduct in a probe led by its money laundering squad.

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Binance CEO Has Reportedly Hired Lawyers to Represent Him Personally

Legal pressure on Binance has underscored the potentially “chilling” effect of a U.S. crackdown on crypto.1

The company is facing scrutiny from multiple agencies, including a suit filed by the CFTC against both Binance and its founder.

Zhao has hired white-collar defense lawyers from the law firm Latham & Watkins to represent him personally.

Court documents filed show that lawyers at top firms have been brought in to represent both the company and Zhao.

Meanwhile, the Department of Justice is investigating Binance’s conduct in a probe led by its money laundering squad.

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