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Breaking: Binance Exec Tightly Controlled Exchange’s US Arm’s Finances: Reuters | Coingape
By Jai Pratap at 2025-03-19 18:08
Sentiment: Negative
A senior Binance executive secretly operated five bank accounts belonging to the exchange’s independent U.S. affiliate- Binance.US. One of the bank accounts even held American customers’ funds, bank records show, Reuters reported. Now defunct Silvergate bank allowed Guangying Chen, a close associate of Changpeng Zhao, to control the accounts between 2019 and 2020, according to The post Breaking: Binance Exec Tightly Controlled Exchange’s US Arm’s Finances: Reuters appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Crypto News #Binance #CZ #USA
Source CoinGape