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why? they operate in many countries and the US wanted special treatment and to be paid attention to. its a hubris that is ingrained in US culture that isn’t pri
by yieldcrv 3y ago
why? they operate in many countries and the US wanted special treatment and to be paid attention to. its a hubris that is ingrained in US culture that isn’t prioritized by people that dont think about it.
they tried to firewall off the US with the Binance.us entity but that wasnt good enough
so now they see the best way to operate in the US without an impending problem is to kickback $4bn and sentencing the front man, this removes ongoing uncertainty in that market and improved access to all that capital
many other countries have random paperwork nuances too, they just matter even less
binance tried to stack the deck with connected people, but it wasnt taking advice from them, they were just there and isolated with fat paychecks and BNB token grants. I think they just didnt think about SARs. They werent worried about self incrimination, they just didnt do it