Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts – Reuters News Agency


Business & Finance

Reuters exclusively reported that 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. 

Market Impact

After the Reuters story was published, the U.S. Securities and Exchange Commission filed a civil complaint against Binance after a years-long inquiry into the company.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & Finance

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story



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