3 ms·
Technically binance.com is not the parent company of binance.us - they set this all up under the framework of the so-called 'Tai Chi' document. [1] CZ is on the
by arcticbull 4y ago
Technically binance.com is not the parent company of binance.us - they set this all up under the framework of the so-called 'Tai Chi' document. [1] CZ is on the board of the '.us' and '.us' licenses the brand and technology from '.com'
With that in mind, the law takes a dim view of such shenanigans. I suspect that '.com's tacit acceptance of VPNs in serving US customers is probably more than enough for a judge to pierce the corporate veil.
[1] https://www.forbes.com/sites/michaeldelcastillo/2020/10/29/leaked-tai-chi-document-reveals-binances-elaborate-scheme-to-evade-bitcoin-regulators/?sh=6bc5382d2a92 https://www.forbes.com/sites/michaeldelcastillo/2020/10/29/l...