[bolanyo]

Isn't it more the other way around here?

The CFTC want to prosecute Binance for violating restrictions on allowing US persons to buy and sell derivatives, but they are aware that this is somewhat weak sauce, because the people buying and selling are all sophisticated institutional players, and Binance themselves are only very dubiously subject to US jurisdiction.

So they make it into a case about 'funding terrorism' based on a casual remark from a chat log.