Despite the US government's central-planners-who-love-head-chopping-Saudi-hedge-funds best efforts, and the desperate propaganda trying to tie crypto assets with evil Russians, the Binance growth curve seems to be on the rise.
Of course, Americans will swallow anything they are fed provided that a sufficiently incredible enemy is supplied, it doesn't even need to be formidable, as long as blood is promised.
SEC sues Binance, says it evaded US law with “extensive web of deception” - Enlarge / Binance founder and CEO Changpeng Zhao speaks virtually durin... - https://arstechnica.com/?p=1945525#binance#policy
💸 The world’s largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021, in breach of U.S. financial rules that require customer money to be kept separate
➥ @Reuters
World’s largest #cryptocurrency exchange, #Binance, commingled customer funds with company revenue in breach of a US financial rule, reports Reuters. thttps://www.reuters.com/investigates/special-report/crypto-binance-money/
Good explanation of the super mega advanced fuckery that happens in #crypto. Like Bitfinexed keeps saying, the entire crypto market is less than 20 guys in a Signal group.
Regarding the prediction in the article that binance will be byenance to save tether, im not super sure, but its an interesting take.
#bitcoin going to 1 million dollars (USDT denominated) seems likely though, and will be incredible fucking funny. (for outsiders: this would be really bad, btw)
Crypto giant Binance is reportedly facing US probe for violating Russian sanctions
Binance is reportedly facing investigation by the US Justice Department over possible violations of sanctions imposed against Russia. The agency is looking into whether the cryptocurrency exchange allowed Russian customers to move money as a way to go around US sanctions
US leaked intelligence files contain an interesting piece on #Binance CEO correspondence in #Signal, including one with auto-delete feature enabled. This does not necessarily indicate compromise or cooperation of the Signal infrastructure, and the description very much matches the capabilities of US TAO (tailored access operations) or Israeli Pegasus. Zhao's phone could have been compromised by a zero-day exploit in #Android or any other application, which opens door to a custom, hidden app pulling messages from Signal as they arrive. Or, a backdoored Signal binary could have been installed covertly by physical intervention or the zero-day method.