Sentiment: Unknown
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
Breaking: Binance Commingled User Funds Daily In Silvergate Bank Accounts – Reuters | Coingape
By Varinder Singh at 2026-05-08 21:20
Sentiment: Unknown
The world’s largest crypto exchange Binance commingled billions in user funds with its revenue in 2020 and 2021, according to three sources familiar with the matter. In fact, 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 The post Breaking: Binance Commingled User Funds Daily In Silvergate Bank Accounts – Reuters appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Binance #Silvergate Bank #United States
Source CoinGape