Binance Caught With Secret Ties to China: Shocking Revelation!

• Explosive documents obtained by the Financial Times reveal that Binance CEO Changpeng “CZ” Zhao and other top executives have been secretly concealing their ties with China for years.
• The alleged scandalous cover-up has sent shockwaves through the crypto community and sparked fears of a regulatory crackdown on the controversial exchange.
• Leaked Documents Expose Binance China HQ, Use Of Local Bank

Binance Caught Red-Handed in Shocking Revelation

Explosive documents obtained by the Financial Times reveal that Binance CEO Changpeng “CZ” Zhao and other top executives have been secretly concealing their ties with China for years. This has sparked fears of a regulatory crackdown on the controversial exchange.

Ties With China Long Denied By Exchange

Binance has long maintained that it severed its ties with China after the government’s crackdown on cryptocurrency in 2017. However, the leaked documents suggest a much closer relationship between the crypto exchange and the Chinese authorities than previously thought.

Leaked Documents Detail Office And Bank Usage

The Financial Times’ investigation revealed that Binance’s activities in China reportedly included use of an office, as well as a Chinese bank used to pay employees. The documents also suggest that Binance instructed its Chinese personnel to attend tax sessions in an office located in country in 2019. The company allegedly went to extensive measures to conceal any traces of its Chinese origins, including use of virtual private networks (VPNs).

Binance Denies Allegations

Binance has vehemently denied these allegations, telling the Financial Times that anonymous sources are misrepresenting the truth and dredging up old information. The exchange maintains that these claims are “not an accurate picture of Binance’s operations.”

CFTC Accusation Adds Weight To Claims

The leaked documents obtained by FT have added weight to similar accusations made by US Commodity Futures Trading Commission (CFTC) against Binance, which accused it of deliberately concealing location of its executive offices.

Binance Caught With Secret Ties to China: Shocking Revelation!
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