paint-brush
Binance's Efforts to Help Select Market Participants Evade Its Compliance Controls by@legalpdf

Binance's Efforts to Help Select Market Participants Evade Its Compliance Controls

by Legal PDF6mSeptember 10th, 2023
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Market Participant B, a quantitative trading firm headquartered in New York, engaged in digital asset trading on Binance while attempting to evade compliance controls. Binance offered preferential treatment to Market Participant B, allowing them to continue trading through a "personal" account despite applying for a new corporate account. The firm used a nominee entity to continue its trading activities. This account-switching strategy raises questions about compliance and transparency in the crypto trading space.

People Mentioned

Mention Thumbnail
featured image - Binance's Efforts to Help Select Market Participants Evade Its Compliance Controls
Legal PDF HackerNoon profile picture
Legal PDF

Legal PDF

@legalpdf

Legal PDFs of important tech court cases are far too inaccessible for the average reader... until now.

L O A D I N G
. . . comments & more!

About Author

Legal PDF HackerNoon profile picture
Legal PDF@legalpdf
Legal PDFs of important tech court cases are far too inaccessible for the average reader... until now.

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite