Binance, CEO Changpeng Zhao intends to seek dismissal of CFTC complaint By Cointelegraph

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Crypto exchange Binance and its CEO Changpeng “CZ” Zhao are planning to file a motion to dismiss a March-filed lawsuit from the United States commodities regulator.

In a July 24 filing to an Illinois District Court, multiple Binance entities, Zhao and former chief compliance officer Samuel Lim said they plan to file two separate motions to dismiss the complaint before July 27.

An excerpt from Binance’s filing requesting an increase on the 15 page limit. Source: CourtListener