Crypto exchange giant Binance is denying allegations that it secretly moved large sums of money from its US affiliate to a trading firm associated with its CEO Changpeng Zhao. A report by Reuters claims that between January and March 2021, a Silvergate Bank account named under Binance.US’s operating company BAM Trading moved over $400 million The post Binance.US Responds to Reports Alleging Secret $400,000,000 Bank Transfers to Firm Managed by CEO Changpeng Zhao appeared first on The Daily Hodl .
