# Binance Former Chief Compliance Officer, Samuel Lim, Agrees to Pay $1.5 Million for Willfully Evading U.S. Law, and Aiding and Abetting the Illegal Operation of a Digital Asset Derivatives Exchange, and Other Violations

> CFTC release 8826-23 · 2023-11-21

## Key facts

- **Release number:** 8826-23
- **Release date:** 2023-11-21
- **Type:** Press release
- **Title:** Binance Former Chief Compliance Officer, Samuel Lim, Agrees to Pay $1.5 Million for Willfully Evading U.S. Law, and Aiding and Abetting the Illegal Operation of a Digital Asset Derivatives Exchange, and Other Violations
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8826-23



## Citation

> US Commodity Futures Trading Commission, press release 8826-23, "Binance Former Chief Compliance Officer, Samuel Lim, Agrees to Pay $1.5 Million for Willfully Evading U.S. Law, and Aiding and Abetting the Illegal Operation of a Digital Asset Derivatives Exchange, and Other Violations", 2023-11-21. Retrieved via AI Analytics 2026-06-27 from https://api.ai-analytics.org/cftc-action/8826-23.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*