- A US court docket has issued a subpoena to Binance CEO Changpeng Zhao.
- He has 21 days to reply, though he doesn’t have to seem in particular person.
- In line with the court docket doc, Zhao’s deal with was listed as Malta.
A US District Court docket in Washington issued a subpoena to Changpeng Zhao, CEO of Binance.
The summons to CZ was despatched on Wednesday, June 7, and comes simply two days after the US Securities and Trade Fee (SEC) sued the CEO of Binance and its cryptocurrency alternate for alleged securities violations.
In line with court docket paperwork, CZ’s deal with is Sliema, Malta. Though the Binance boss will not be required to seem in particular person, he should reply to the summons inside 21 days.
“If you don’t reply, you can be entered into default judgment for the aid sought within the grievance“, the slogan reads partially.
Mr Zhao had not commented on the information growth on the time of writing. As it is a growing story, we are going to hold it up to date.
