Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says

source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 08. 06:07

Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.

Keywords

Policy news Binance SEC Gary Gensler Changpeng Zhao