FTC v. Binance: The Other Relevant Entities You Should Know About

FTC v. Binance Court Filing, retrieved on March 27, 2023, is part of . You can jump to any part in this filing . This is part 5 of 31. HackerNoon’s Legal PDF Series here III. PARTIES C. Other Relevant Entities 19. is incorporated in Lithuania and directly or indirectly owned by Zhao. Binance UAB is the only entity specifically identified as one of the indeterminate group of “Binance Operators” referenced in Binance’s Terms of Use. Binance UAB has never been registered with the Commission in any capacity. Binance UAB 20. (“Merit Peak”) is incorporated in the Cayman Islands and directly or indirectly owned by Zhao. Merit Peak has primarily engaged in over the counter (“OTC”) transactions with institutional counterparties. Merit Peak has never been registered with the Commission in any capacity. Merit Peak Limited 21. (“Sigma Chain”) is incorporated in Switzerland and directly or indirectly owned by Zhao. It has engaged in proprietary trading in Binance’s various markets, including its markets for digital asset derivatives. Sigma Chain has never been registered with the Commission in any capacity. Sigma Chain AG 22. (“BAM Trading”) is a Delaware company with its principal address in Palo Alto, California. BAM Trading operates Binance.US, a spot digital asset trading platform that offers its services to U.S. residents and relies on Binance’s services and technology, obtained through intercompany agreements, to operate. BAM Trading Services Inc. BAM Trading is directly or indirectly majority owned and controlled by Zhao, and Zhao has been a director of BAM Trading at all relevant times. BAM Trading has never been registered with the Commission in any capacity. Continue Reading . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case 1:23-cv-01887 retrieved on September 4, 2023, from is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. docdroid.net