Binance Moved $400 Million From US Partner to Trading Firm Managed by CEO Zhao, Records Show
Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show. Over the first three months of 2021, more than $400 million (roughly … Read more