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Author Topic: Will Binance get closed down?  (Read 12278 times)
jamesashmore1964 (OP)
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April 25, 2019, 07:58:33 AM
Last edit: April 26, 2019, 02:06:23 PM by jamesashmore1964
 #1

The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!
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April 25, 2019, 08:07:22 AM
 #2

I cannot imagine that Binance will close their exchange, because it is the biggest, the most popular exchange with the largest trading volume that is not faked. The can ask US customers to close their accounts, but nothing more.
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April 25, 2019, 08:35:39 AM
 #3

Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.

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April 25, 2019, 08:51:04 AM
 #4

Every opinion is truth and error is not fully then to be vigilant it must still be there because it is disappointed that it always comes at the end not in front, and many traders who use binance only to seek profits not to save their balance.
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April 25, 2019, 09:20:58 AM
 #5

Binance is not like any other exchange around. Balance is a top exchange and has been around for sometimes now so I really that if it would be easy to close it down so fast and easy
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April 25, 2019, 09:28:32 AM
 #6

As already said, Binance has its HQ in Malta. It has to obey by the laws of the European Union. So, no problems there. I'm not a fan of Binance though. It is too big and at some point it could pose a problem to the entire crypto sphere, much like Mt Gox was in the past. I'm rooting for decentralized exchanges to replace these centralized monsters.
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April 25, 2019, 09:28:38 AM
 #7

things that in my opinion never happened.  just imagine thousands and even millions of dollars in binance, is it possible to close binance, soon the BNB will make the blockchain itself and that is good news for binance and BNB investors

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April 25, 2019, 09:36:38 AM
 #8

Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.

You are underestimating the power of the US. They caught the CEO of btc-e.com in Greece and shut down btc-e.com.

USA basically owns every .com domain out there. If you commit a crime while using a .com domain they can find and jail you no matter where you live.

Binance uses a .com domain. If they find out something fishy about them, USA can indeed shut binance down.

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April 25, 2019, 09:44:39 AM
 #9

Yeah. Binance will get closed down soon but as you know that there are so many reasons on why, but i think the recent information is just a drama.
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April 25, 2019, 10:02:59 AM
 #10

Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.

You are underestimating the power of the US. They caught the CEO of btc-e.com in Greece and shut down btc-e.com.

USA basically owns every .com domain out there. If you commit a crime while using a .com domain they can find and jail you no matter where you live.

Binance uses a .com domain. If they find out something fishy about them, USA can indeed shut binance down.
Exactly mate,nothing can hide from US as long as you are violating their laws they will hunt you down and will make you pay for your violation
I hope binance can make this things clear and prevent from accepting US citizen to enter their business as they are one of the most potentially among the exchanges now to have a bright future

Craig Wright will never stop to get revenge from delisting His coin from the binance platform
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April 25, 2019, 10:39:52 AM
 #11

When those US people that ignore any rules and agreement that has already created by binance and that means if they are trading in their own risk? Binance can create awareness for that but US people has hundreds way to rome.

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April 25, 2019, 10:46:57 AM
 #12

It seems like a fud.

I don't think there is any possibility for binance closing down. So just stop the fud.

jamesashmore1964 (OP)
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April 25, 2019, 12:04:54 PM
 #13

Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.

You are underestimating the power of the US. They caught the CEO of btc-e.com in Greece and shut down btc-e.com.

USA basically owns every .com domain out there. If you commit a crime while using a .com domain they can find and jail you no matter where you live.

Binance uses a .com domain. If they find out something fishy about them, USA can indeed shut binance down.
Exactly mate,nothing can hide from US as long as you are violating their laws they will hunt you down and will make you pay for your violation
I hope binance can make this things clear and prevent from accepting US citizen to enter their business as they are one of the most potentially among the exchanges now to have a bright future

Craig Wright will never stop to get revenge from delisting His coin from the binance platform

The reply to this is correct: People need to understand Binance is violating US Laws: To call this FUD is irresponsible and shows lack of understanding!
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April 25, 2019, 12:32:38 PM
 #14

Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.

You are underestimating the power of the US. They caught the CEO of btc-e.com in Greece and shut down btc-e.com.

USA basically owns every .com domain out there. If you commit a crime while using a .com domain they can find and jail you no matter where you live.

Binance uses a .com domain. If they find out something fishy about them, USA can indeed shut binance down.
Then people should also be scared of something fishy going on with Coinbase, Kraken, Bitfinex, etc, since they all use .com domains. Truth is, it's very unlikely that these big exchanges would ever do something "fishy", they know what happened with btc-e, they won't perform a money laundering schemes or any of that, these guys are smart (unlike the guy from btc-e), stakes are too high and it's way too risky when you're operating a multi million dollar business.

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April 25, 2019, 12:57:36 PM
 #15

I do not think about it to happen. Binance has a thoroughly professional team to handle such kinda threats. Craig Wright would lose his motive here for sure.

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April 25, 2019, 01:23:57 PM
 #16

This is a FUD and I feel you are with Wright to have come up with such submission. Binance is not in the USA. If the US government don't want their citizens to trade with Binance anymore, US citizens can be given a time to withdraw their fund and the exchange continues. More so, I have not seen any wrong doing by Binance. To delist Bitcoin Satohi Vision is their exclusive right and they own no one no apology for that.
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April 25, 2019, 01:29:54 PM
 #17

I found this difficult to believe that.

But i was surprised with last giveaway or should i say lottery from binance they are running together with maticnetwork as they want you to perform KYC to get a lottery ticket from launchpad.binance.com.
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April 25, 2019, 02:05:37 PM
 #18

Is this statement only to make us fear or watch out?
Binance, I think one of the best and biggest exchanges in the crypto world. Can it close down? If there are no very crucial and big factors, it will be probably impossible (although we cannot predict what will happen tomorrow). Many people consider that Binance is the trusted exchange and be number one with its high security, trading volume, traffic, and others. If it is closed down, it will really influence the other exchanges. I cannot predict it will be okay or not.

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April 25, 2019, 02:10:05 PM
 #19

You are asking for opinion, I guess this is just FUD since binance is really succeeding its way, many more expected news to comes up against them, but for our own safety we also need to consider facts that can happen along the way, if the US government intervene with this platform there's no such ways to prevent the rulings of this superpower country, be very vigilant and make sure to be well informed from time to time.
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April 25, 2019, 02:40:30 PM
 #20

I also can't imagine that Binance will get closed by US laws, i think this is Binance side and Binance work is transparantely and will not get closed in my opinion.
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