The two companies were at the centre of a major legal case in the US last year Changpeng Zhao, founder and chief executive officer of Binance. Photo: Reuters Binance founder Changpeng Zhao has put a total of €5.5m into two Irish units that were at the centre of a legal action filed last year by the US Commodities Futures Trade Commission (CFTC) against the entrepreneur and his crypto currency trading platform. Last December, an agreement was reached where Mr Zhao agreed to pay $150m (€139m) and Binance $2.7bn to the CFTC as part of a settlement deal. The post Binance founder Changpeng Zhao injects €5.5m into Irish units appeared first on Bloomberg News Today.
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