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Title: According to the SEC, Binance is under investigation by the US federal governmen Post by: Azrieli on August 24, 2021, 02:22:50 PM According to the SEC, Binance is under investigation by the US federal government - https://twitter.com/BinanceFraud/status/1429821311946219523
Do not take risks, in vain! Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: LeGaulois on August 24, 2021, 03:24:34 PM Sorry because I'm maybe late to the party and not updated but the document is dated from 23 Agust. So yesterday, or just a few hours ago.
I tried to find something on the news about it and I found nothing. So, any other way to verify this claim elsewhere an anti-binance account on Twitter? Edit: After looking at the Twitter account that posted this document, I saw that he owns the website scambinance .com But even on his own site he doesn't mention it. Latest stuff updated ~1 week ago. Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: BitMaxz on August 24, 2021, 04:28:31 PM I found this one https://www.bangkokpost.com/business/2142619/sec-files-criminal-charge-against-binance
And I found another from https://en.wikipedia.org/wiki/Binance It seems it is still under investigation and no update yet. But I think the only users who will be affected by this are those who trade on Binance US Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: examplens on August 24, 2021, 07:37:53 PM Sorry because I'm maybe late to the party and not updated but the document is dated from 23 Agust. So yesterday, or just a few hours ago. I tried to find something on the news about it and I found nothing. So, any other way to verify this claim elsewhere an anti-binance account on Twitter? Edit: After looking at the Twitter account that posted this document, I saw that he owns the website scambinance .com But even on his own site he doesn't mention it. Latest stuff updated ~1 week ago. that Twitter account just copied someone's pre-existing tweet, or take the images and repost it he did not even cite the source. I saw it yesterday here https://twitter.com/cryptowhale/status/1429819156052983816?s=21 @cryptowhale account has 268k followers and has a much greater impact. Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: Kyraishi on August 25, 2021, 12:32:06 AM Unlikely to stop any time soon.
They have simply turned over way too much money for the SEC to turn over a blind eye. And I don't think that the billions of dollars in fines that they have paid are sufficient to curb further investigations into their business practices. I don't know how they'll justify allowing people 2 BTC (>$100k at one stage) of buying power without KYC. The demise of Binance is really unfolding in front of us, just like Poloniex years prior. Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: The Sceptical Chymist on August 25, 2021, 12:56:12 AM Do not take risks, in vain! Not sure what you mean by that in the context of the twitter thing you linked to. Care to elaborate?But I think the only users who will be affected by this are those who trade on Binance US Dude, that article you linked to is from July, and it's a mess of jumbled sentences that don't make any real sense. Also, this is a quote:Quote The source said Binance's business in Thailand is smaller than its business in the US, and it might not be big enough to obtain licensing. "I think Binance might stop promoting in Thai for now to avoid problems with the regulator," the source said. So if you read the article, it would seem that it was written from the perspective of Thai traders and somehow the US is attempting to prosecute Binance for advertising its services to Thai customers: Quote Before taking the legal action, the SEC issued a warning letter in April requiring Binance to submit a written explanation for its unauthorised advertisements and posts on its website and Facebook account soliciting the Thai public and investors to use its services. I have no idea why that would be the case, but I wouldn't jump to any conclusions just yet as to how this is going to affect Binance customers in any country. Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: Darker45 on August 25, 2021, 03:57:04 AM The document presented in the tweet doesn't say anything at all along the lines of your accusation, so your title is misleading and even malicious. "According to the SEC" is definitely putting words to their mouth. That's not just unfair; that's illegal.
The letter is only saying (1) they're withholding the records you are requesting, (2) they're not disclosing the existence or non-existence of an investigation, (3) they're not asserting that Binance is involved in any legal violations. The main point of the letter is that your request is not granted. Title: Re: According to the SEC, Binance is under investigation by the US federal governmen Post by: Flep182 on August 30, 2021, 08:49:46 AM The document presented in the tweet doesn't say anything at all along the lines of your accusation, so your title is misleading and even malicious. "According to the SEC" is definitely putting words to their mouth. That's not just unfair; that's illegal. The letter is only saying (1) they're withholding the records you are requesting, (2) they're not disclosing the existence or non-existence of an investigation, (3) they're not asserting that Binance is involved in any legal violations. The main point of the letter is that your request is not granted. Yeah, was going to say, every FOIA law has exemptions regarding making information public, so this letter says zero about Binance. |