26 Sep, 2023
2 mins read

Binance Denies Reports of US Business Endings, CZ Calls Allegations False

• Binance is reportedly considering ending relationships with U.S. business partners due to a tightening in regulatory policies by the SEC. • The exchange’s CEO, Changpeng Zao (CZ), denied the allegations in a Twitter post. • There were also reports of Binance moving $400 million from a “secret” account paired with the exchange’s subsidiary Binance.US. […]