I was reading this article here posted 3 weeks ago:
https://coingeek.com/crypto-crime-cartel-bye-bye-binance/And yes, I've seen several articles trying to "bury" Binance even years ago, and so far they were all wrong. But let's get into it:
Binance limits every account to make a withdrawal of up to 2 BTC every 24 hours without verification.
2 BTC today is around $27,500 which is quite a huge amount.
And if you easily open up 3-4 accounts you can transfer over $100,000 without verification!
It's quite concerning thinking governments around the world would let this continue like this without any sort of regulation or some draconian rules in place.So far Bitcoin is on the rise and so is Binace Coin - now listed #7 in CoinMarketCap.
Is it only me or does it feel like the next crash is going to come from Binanace?
Would you trust Binance today or would you take your money out of there?
What do you think? Is Binance a safe place to use today or not?
But why now? We have known about this for a long time and we also know that hackers in the past have used binance to sell their coins and yet nothing has happened to them, so why governments will be interested in doing this now and not doing it during all the previous years in which they had the opportunity to do so?
To me this tells me that binance has the protection of people on very high spheres of power or they simply do not care and it is just a matter of time before this happens to them, which is it? Only time will tell but I am partial to the former explanation rather than the latter.