Binance Allegedly Operating Covertly in China!

US regulator CFTC Binance And CEO of CZAfter the lawsuit filed against Financial TimesNew allegations came from Binance and CZ.

The FT claimed in today’s news that Binance and CZ deliberately hid their ties to China for years.

According to the report, senior executives including CZ instructed employees in China to hide their presence in the country.

Reaching the internal correspondence, FT stated that the employees talked about a news claiming that Binance opened an office in Beijing in 2019, and then they received the following message.

“Reminder: We publicly have offices in Malta, Singapore and Uganda. Please do not approve offices anywhere else, including China.”

Citing Binance’s internal documents, the FT said that the office in China was in use until 2019, and that the company used a Chinese bank to pay employees’ salaries.

Contrary to FT’s claims, CZ has previously stated that Binance is in China in 2017. cryptocurrency He stated that he left China after banning the stock markets.

A Binance spokesperson told the FT:

“It is unfortunate that anonymous sources refer to ancient histories and significantly misidentify events.

These descriptions do not provide an accurate picture for Binance. Because Binance does not operate in China or have any servers in the country.

To be clear, the Chinese government, like other governments, does not have access to Binance data except when we respond to lawful and legitimate law enforcement requests.”

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!


source site-4