Jane Street, Tower and Radix Are Unnamed ‘VIPs’ in Binance Case
- CFTC’s lawsuit says offshore entities used to trade on Binance
- References were to the three firms, people familiar say
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Jane Street Group, Tower Research Capital and Radix Trading are the three unidentified trading firms cited as “VIP” clients of Binance Holdings Ltd. in a top US regulator’s lawsuit against the cryptocurrency exchange, according to people with direct knowledge of the matter.
The Commodity Futures Trading Commission last week accused Binance of “sham” compliance with US derivatives regulations, including failing to keep Americans off its exchange as promised and not registering with the regulator.