Apparently the Chinese Govt. claims to have shut-down a Binance office in Shanghai. Does anyone know if this is true? Did Binance have an office in Shanghai? I

Apparently the Chinese Govt. claims to have shut-down a Binance office in Shanghai. Does anyone know if this is true? Did Binance have an office in Shanghai? I'm trying to understand the reasoning / impact of this. More info here: https://cointelegraph.com/news/markets-crash-after-reports-that-binances-shangai-office-closed-in-crypto-crackdown https://cointelegraph.com/news/markets-crash-after-reports-t...