The US Commodities and Futures Trade Commission (CFTC) has filed charges against Binance, alleging that the leading crypto exchange went against regulations to serve US-based customers and that its executives engaged in wrongdoing. The CFTC highlighted Binance executives' use of the messaging application Signal, which allowed them to delete records of discussions of incriminating activity. The regulator also pointed to Binance's ties to illegal activity and the company's advice to customers on how to bypass its geofencing measures by using a virtual private network. Binance has denied many of the allegations and has only addressed employee trading on its platform. (cryptoslate)