Breaking: Binance Exec Tightly Controlled Exchange’s US Arm’s Finances: Reuters | Coingape

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

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