Odaily News According to relevant documents, Binance, CEO CZ, and Samuel Lim (defendants) have filed an application to a US court, planning to submit a legal memorandum to initiate a motion to dismiss the lawsuit brought by the US Commodity Futures Trading Commission (CFTC). The defendants argue that the complexity of the lawsuit is limited by the 15-page length of the legal memorandum and request an expansion to 50 pages, which the CFTC lawyer does not oppose.



In previous news, the cryptocurrency exchange platform Binance and its CEO CZ were sued by the US Commodity Futures Trading Commission (CFTC) for alleged violations of trading and derivatives rules. The CFTC stated that Binance failed to properly register and evade certain obligations, and the deadline for Binance and Zhao Changpeng to respond to the lawsuit is July 27, 2023.