We promise that all is well. Special Report: Binance's books are a black box, filings show, as it tries to rally confidence | Reuters
Yet a Reuters analysis of Binance's corporate filings shows that the core of the business – the giant Binance.com exchange that has processed trades worth over $22 trillion this year – remains mostly hidden from public view.
They won't even say where they are located, let alone give you details on the balance sheet. But hey, I'm sure it is all above board, I mean when has a cryptocurrency company ever done anything shady?
Binance's huge role in the crypto market – it accounts for over half of all trading volume – has made its operations a keen topic of interest for U.S. regulators. The company is under investigation by the U.S. Justice Department for possible money-laundering and sanctions violations, and Reuters reported this month that some prosecutors believe they have gathered sufficient evidence to charge Binance and some top executives.
Place your bets, ladies and gentlemen. Place your bets.
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