The world’s largest crypto exchange Binance commingled billions in user funds with its revenue in 2020 and 2021, three sources familiar with the matter. The exchange earlier admitted to mistakenly mixing consumer funds with B-token reserves. The commingling of funds happened almost daily in accounts held at US-based crypto-friendly bank Silvergate Bank. The sums of

The post Breaking: Binance Commingled User Funds Daily In Silvergate Bank Accounts – Reuters appeared first on CoinGape.



dailynoti coindeskcrypto cryptonewscrypto bitcoinmymagazine mybitcoinist cryptowithpotato mycryptoslate fivenewscrypto findtechcrunch journalpayments nulltxcrypto newsbtcarea
Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Why Are Gold and Bitcoin Prices Seeing Massive Losses Right Now?

Gold and Bitcoin are both experiencing significant declines, reflecting shifts in investor sentiment. Gold prices fell by more than 7% on Fr...