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> The Wall Street regulator said Binance had been mixing “billions of dollars” in customer funds and secretly sending them to a separate company called Merit Pe
by pyrophane 3y ago
> The Wall Street regulator said Binance had been mixing “billions of dollars” in customer funds and secretly sending them to a separate company called Merit Peak Limited, which is controlled by Binance’s founder, Changpeng Zhao.
This sounds very much like what FTX was accused of doing.
- belter 3y ago"Happy the man who has learned the cause of things and has put under his feet all fear, inexorable fate, and the noisy strife of the hell of greed." - Publius Vergilius Maro