A new report shows that Binance moved more than $400 million from its purportedly independent U.S. partner to a trading firm managed by the company's CEO, Changpeng Zhao. Over $400 million flowed from the Binance.US account at California-based Silvergate Bank to Merit Peak, a trading firm linked to CZ, over the first three months of 2021, according to records for the quarter, which were reviewed by Reuters.... Read More: Binance Accused of Moving $400 Million from U.S. Partner to CEO's Trading Firm in Secret Scheme – Here's the Latest
