Exclusive: Crypto giant Binance controlled ‘independent’ U.S. affiliate’s bank accounts
Written by Black Hot Fire Network on June 5, 2023
LONDON, June 5 - A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American customers’ funds, bank records show.
U.S. lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of Binance CEO Changpeng Zhao, to operate the accounts in . . .
