Binance’s US Partner Confirms Role of Trading Platform in Operating CEO Zhao’s Firm

Binance’s US Partner Confirms Role of Trading Platform in Operating CEO Zhao’s Firm

The US partner of global cryptocurrency exchange Binance has confirmed that a trading firm managed by Binance CEO Changpeng Zhao operated as a market maker on its platform. Reuters reported on Thursday that Binance had secret access to a bank account belonging to its purportedly independent US partner and transferred large sums…