According to reports provided by the Wall Street Journal and other media outlets, the battle that has been going on for several years between the US authorities and the binary broker Banc de Binary is over. A long-running dispute between the US Securities and Futures Trading Commission, which began in 2013, ended with a court decision in favor of the US authorities.
Recall that the broker was accused of illegal activities in the United States in the period from 2011 to 2013, when any activity related to binary options in the United States was prohibited.
The court sentenced the binary broker to pay a total of about 11 million US dollars, including all fees, expenses, fines and compensation to customers with whom Banc de Binary worked during this period.
Representatives of the binary broker do not comment on the confirmation or denial of the fact of illegal activities of the company, but claim that they were looking forward to the completion of this process and are glad that everything is finally over.
