EX Binance.US CEO Hires Lawyer with Ties to CFTC in Latest Lawsuit

EX Binance.US CEO Hires Lawyer with Ties to CFTC in Latest Lawsuit

• The former Binance.US CEO hired a lawyer with CFTC ties to represent her in the Binance lawsuit.
• The CFTC recently sued Binance and its CEO for operating an illegal exchange in the US.
• It is not clear whether Coley has cooperated with the investigation.

Recent revelations could sound alarm bells in Binance amid its ongoing legal troubles.

Catherine Coley, the former Binance.US CEO, has hired James McDonald, a former federal prosecutor at the Commodity Futures Trading Commission (CFTC), to represent her in the U.S. government’s investigations into Binance, Reuters reported on Friday.

Coley’s Departure and Legal Battle with Binance

Coley was the CEO of Binance.US for two years, from April 2019 to April 2021. She departed from her position under strange circumstances.

When Coley left Binance, the exchange…

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