2023-03-06
NEW: For a long time, Binance and https://binance.us/ said they were totally separate entities. @ceostroff and I reviewed internal messages showing they were deeply intertwined, mixing staff, tech (in China) and finances. 🧵1/8 https://www.wsj.com/...
Wall Street Journal
Sources and documents: Binance and Binance.US are more intertwined than they have disclosed, sharing staff, finances, and an affiliated entity to trade crypto
Wall Street Journal :
2022-02-16
Sigma Chain and Merit Peak began trading cryptocurrencies on https://binance.us/ shortly after the exchange was launched in 2019. The two market makers have ties to Binance's founder. The SEC is probing. w/ @ceostroff @davidamichaels https://www.wsj.com/...
Wall Street Journal
Sources: the SEC is probing if Binance properly disclosed to consumers the relationship between its US arm and two market makers with ties to Binance's founder
Sigma Chain and Merit Peak. Former execs say, as of last year, CZ controlled both firms. https://www.wsj.com/... Joshua Benton / @jbenton : New part-owner of @Forbes —> https://www...
2021-11-12
Binance's US affiliate says US user data sits at servers in the US. But as recently as this summer, software was being run out of China. Former execs worried of a TikTok-like problem. w/ @ceostroff https://www.wsj.com/...
Wall Street Journal
A look at Binance, which sources say could be worth $300B if it goes public, as its unfettered, unregulated growth comes to an end amid global scrutiny
absent headquarters, offices and licenses. Now governments are asserting control. https://www.wsj.com/... Patricia Kowsmann / @kowsmann : This is the story of Binance. In 2017 it s...
This is the story of Binance. In 2017 it started offering trading of some cryptocurrencies. Now it's the crypto equivalent of the London, NY and Hong Kong stock exchanges combined. Take notice. Regulators are. @ceostroff and my deep dive. https://www.wsj.com/...
Wall Street Journal
A look at Binance, which sources say could be worth $300B if it goes public, as its unfettered, unregulated growth comes to an end amid global scrutiny
absent headquarters, offices and licenses. Now governments are asserting control. https://www.wsj.com/... Patricia Kowsmann / @kowsmann : This is the story of Binance. In 2017 it s...
2021-07-13
ICYMI, our front-page story on Anand Singhal and other traders who lost $ after the world's largest crypto exchange froze May 19. Lawyers are scratching their heads trying to find where Binance is located to take legal action. w/@ceostroff https://www.wsj.com/...
Wall Street Journal
After Binance froze for over an hour during a cryptocurrency crash on May 19, many users who lost money have had trouble petitioning Binance, which lacks a HQ
On May 19, the world's largest crypto exchange crashed, locking out traders who were rushing to cut losses on a trade. Unable to do anything, they were liquidated. They are now trying to get their money back. w/ @ceostroff https://www.wsj.com/...
Wall Street Journal
After Binance froze for over an hour during a cryptocurrency crash on May 19, many users who lost money have had trouble petitioning Binance, which lacks a HQ
2020-07-10
ICYMI: The FBI is examining whether Wirecard played a critical role in an alleged bank-fraud conspiracy connected to an online marijuana marketplace.A Wirecard exec even tried to bail one of the men arrested. w/ @rebeccadobrien @ChungJuliet https://www.wsj.com/...
Wall Street Journal
Sources: DOJ is examining whether Wirecard played a critical role in an alleged $100M bank fraud conspiracy connected to an online marijuana marketplace
Wall Street Journal :