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Binance top exec reportedly controlled US subsidiary’s bank accounts between 2019 and 2020

By Oluwapelumi Adejumo at 2026-05-13 16:31

Sentiment: Positive

Binance top executive, Guangying Chen, reportedly controlled five bank accounts of its independent U.S. subsidiary between 2019 and 2020, Reuters reported on June 5, citing bank records. The defunct bank Silvergate Bank reportedly authorized Chen as the “Primary Admin User” of the five bank accounts, including one that held American customers’ funds and an account for […] The post Binance top exec reportedly controlled US subsidiary’s bank accounts between 2019 and 2020 appeared first on CryptoSlate. Continue reading...

Categories: Exchanges

Tags: #Exchanges #binance #Changpeng Zhao

Source CryptoSlate