WASHINGTON, D.C.: A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Zhao Changpeng with multiple violations in another move by Washington against the once high-flying sector.

Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), said the charges against Binance, the world's largest crypto exchange, were part of a campaign to "find and stop misconduct in the volatile and risky digital asset market."

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