BNB accused of money laundering for terrorist and market manipulation-->DUMP? - page 3.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: EastSound on May 02, 2019, 09:48:49 PM

Most exchanges are prone to money laundering since they dont ask a proof of income or the source of their money come from.

also Binance recently joined with CMC for providing transparent market data.

Most of the exchanges does not offer fiat deposit and withdrawal, so it's alright if they will not ask those documents since it's a job of the local exchange to ask. I have bittrex account and I can deposit with fiat and withdraw as well, and I complied since they ask for KYC with the source of income of course, but I'm also enjoying Binance as I can trade even without KYC, in fact making more than one accounts with Binance is easy currently.

EastSound

sr. member

Activity: 1377

Merit: 268

Most exchanges are prone to money laundering since they dont ask a proof of income or the source of their money come from.

also Binance recently joined with CMC for providing transparent market data.

akamit

hero member

Activity: 1498

Merit: 596

Didn't want to mention, but I feel like it is a counter-attack from Faketoshi trying to take revenge of BSV delisting from Binance.
However, imo CZ is a tough guy and he will not bend to Faketoshi instead he will fight with his "expensive lawyers" as once said by CZ.

The news site (AmbCrypto) is shit with tons of ads. I instantly closed the tab when I visited and couldn't read the news. CRAP SITE!

zgrdyg

full member

Activity: 602

Merit: 105

If i dumped every time i heard fud

I really don't like some of CZ actions but that story is full of bullshit. So no dump from me.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

We cant simply trust any website on the internet. I can myself post an article on a random site and announce that this is the truth but in reality it isn't.
Binance has implemented the KYC norm long ago and it has also triggered partnership with various firms in order to increase it's security and eliminate money laundering.
Last month Binance had made a partnership with blockchain analytics firm CipherTrace and today I got to know that it has also partnered with Elliptic to improve regulatory compliances.
With all these stuff Binance is doing, accusing it for money laundering might be a big deal.

Source:https://cointelegraph.com/news/binance-unveils-latest-compliance-partnership-targeting-anti-money-laundering

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

Quote from: consideritdone on May 02, 2019, 10:28:18 AM

wow, whats up binance!
https://www.coingecko.com/en/coins/binance-coin

Probably just the usual pump by CZ and friends. Grin

I think they also annunced margin trading on Binance exchange.

consideritdone

newbie

Activity: 602

Merit: 0

wow, whats up binance!
https://www.coingecko.com/en/coins/binance-coin

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: Japinat on April 29, 2019, 06:56:43 AM

This accusation is nothing if not coming from a government agency especially the AMLC (Anti Money Landering Council)
I don't get the point on why an Exchange could launder money when they are just facilitating traders, if this accusation have a substance somehow then I'm afraid Binance will fully require traders to comply with KYC first prior accepting them, currently, they don't for 2 btc and below daily withdrawal.

I am sure that this can be floated by people connected with those governmental agencies though it can be hard to know their real motives...will it be to rattle the people behind Binance so they will submit to their wills and whims? Anyway, I am certain that Binance can weather any storm coming into its way with flying colors. I am still a believer in Binance though I am sure it is not a perfect exchange and there are things they can do more.

Umkar

member

Activity: 364

Merit: 10

I also do not really like Binance because of the problems associated with the inability to freely participate in IEO, but do not forget that this exchange is the leader among the exchanges. And all this hype that is being whipped up is more likely to be hurt by Craig Wright, who is now taking revenge for the delisting BitcoinSV.

futureofeth

member

Activity: 686

Merit: 10

Quote from: rijaljun on April 29, 2019, 08:32:00 PM

Quote from: Japinat on April 29, 2019, 06:56:43 AM

This accusation is nothing if not coming from a government agency especially the AMLC (Anti Money Landering Council)
I don't get the point on why an Exchange could launder money when they are just facilitating traders, if this accusation have a substance somehow then I'm afraid Binance will fully require traders to comply with KYC first prior accepting them, currently, they don't for 2 btc and below daily withdrawal.

Exchanges might not do money laundering but it could be a way for people to do money laundering like helping jailed people to be free. Applying KYC proccess to every users can be the one to prevent this kind of FUD and also govt will not accused Binance or other crypto exchanges for giving a money laundering chance.

Yes, Binance is becoming most global exchange which their intention is to bring blockchain to the next level, it is not an easy job to do that. Already many companies are being accepted BNB as one of the payment options because Biance has already proved themselves they are moving perfectly according to the roadmap they mentioned. I don't see anything scam in it.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: ChiNgadOr on April 29, 2019, 06:17:40 AM

While haters have been increasing daily, this could be really be a problem for the exchange.
Anyway i sold my BNB time ago after "strange" ICOS/IEOs:

BTT https://www.youtube.com/watch?v=uHxG7J2bpcY
"Tronix and Binance Coin were pumped into oblivion over the past month, with $TRX reaching upwards of +134% and $BNB just behind. Then the highly anticipated Bittorrent ICO took place yesterday with only 962 participants able join, because of “technical difficulties”. "
FET more or less same that BTT
CELR https://telegram.zerononcense.com/post/binance-and-celer-network-both-coordinated-to-front-run-the-ieo-35ulg7yqb0hjw

Not a secret that i don't like Binance anymore, but i really expect that Binance wasnt really aware of the source of all cash flow to its ecosystem, so didnt make any money laundering knowing what was beeing done.

the news regarding the accusation:

https://ambcrypto.com/binance-accused-of-money-laundering-for-terror-groups-and-market-manipulation-by-bsv-spearhead-calvin-ayre/

[im g]https://ambcrypto.sfo2.digitaloceanspaces.com/2019/04/terror-attack-349913_960_720-e1556522558221.jpg[/img]

One truth we should know is that haters will always hate, a lot of companies have seen the growth in BNB late and are kinda jealous because of the progress they have made just within a short period of time and they are looking for any way possible to bring them down, I don't think this accusation is from their country’s government, and if not then it's not a valid one until prove can be given, so let them say whatever they like, we ain't falling for it.

Moreover, money laundering nor market manipulations are not new due to cryptos hence how BNB will be responsible for this type of accusation. In my opinion, these FUDs will not stop BNB flying to moon.

babarian

full member

Activity: 658

Merit: 100

Binance (BNB) is on the cloud, many are jealous of their success and I'm sure there are also many people who can do everything they can to accuse and make negative news to drop the BNB. but as long as it is not proven then it will have no effect on Binance

consideritdone

newbie

Activity: 602

Merit: 0

Not seeing that feeling for bnb https://www.coingecko.com/en/coins/binance-coin

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: btc_angela on April 29, 2019, 11:21:15 PM

I think the pump was due to Justin Sun shilling for TRX and Binance, that's why investors rallied and put a lot of money in the market. I don't know about the money laundering though, I guess when you are on top, everyone will throw stone at you because they envy everything and want to pull you down, imho.

Shilling for what? the fact that faketoshi just spread FUD caused by BSV gets a big decrease due to the delisted from the binance and more major exchange site. that's a garbage coin. This FUD comes from faketoshi and he was creating so many problems. Faketoshi is such a plague to the crypto.

Vaskiy

legendary

Activity: 2646

Merit: 1106

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Oceat on April 30, 2019, 06:54:39 PM

When haters start to use its dirty little secret and power they will just rise somewhere then show themselves from out of nowhere.

This is normally happening every day when there is someone is starting to rise, someone from below will try their best to pull you down again.

I don't know what would CZ do with this kind of act against them.

Money laundering with bitcoin is happening as well with most used coins were common. It isn't easy to eliminate these kind of problems. Whether it is BNB, bitcoin or something that is listed to the top gets much used than the unpopular assets. It is not possible to restrict and we should not take it into discussion, this too itself serves as a FUD.

vit05

hero member

Activity: 672

Merit: 526

Calvin Ayre has a very clear purpose in spreading false accusations like that. And he will probably force this narrative for some time. How can anyone give importance to a guy who puts BitcoinSV as true Bitcoin and financially supports FakeSatoshi's fraud? For me, anything he says has as a big goal to take money from someone. And he does not mind lying and cheating other people.

Oceat

sr. member

Activity: 2506

Merit: 368

When haters start to use its dirty little secret and power they will just rise somewhere then show themselves from out of nowhere.

This is normally happening every day when there is someone is starting to rise, someone from below will try their best to pull you down again.

I don't know what would CZ do with this kind of act against them.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: samcrypto on April 29, 2019, 07:16:58 PM

Quote from: tokeweed on April 29, 2019, 08:39:23 AM

Wtf is this? Another case of 'I just sold with some profit and now it's time to FUD it down'? It's not really my style but I like it! Lolololol. I think it's hilarious how ungrateful some people are. Cheesy

Creating such FUD on a great coin who’s on the peak right now is normal, they are trying to make panic in the market. The fact is, every exchanges can be link to terrorist so nothing new about this. They might miss the chance of getting a higher profit by selling early, so creating FUD is the only option that left to them.

Meh, I wouldn't go that far by saying it's a 'great coin'. Lol. All I'm saying is there's a lot of people from whatever coin community their in with ulterior motives. Yup, even the 'trustworthy' ones.

ChiNgadOr

sr. member

Activity: 1680

Merit: 278

So many in love with BInance..

honestly i dont think it is involved in any money laundering from terrorism.. CZ doesnt need that money at all.. but the ICOs/IEOs manipulation (Check links of my first post of the thread) is blatant and out of discussion.. anyone that doesnt admit this, must be blind, paid or living in a parallel dimension far away from real world.

Viper_Unleashed

sr. member

Activity: 584

Merit: 252

Well lots of fuds and false information floating around internet is quite common these days.But one thing for sure I know that its gives profit sometimes and I just take it and go. No one can disagree the fact BNB is a centralized security token and that is what I don't like about BNB. It will slowly be starting and heading towards same thing i.e. monopoly. And the whole idea behind cryptocurrency will be in vague. Delisting of Bsv could be one important factor of creating and spreading such fud.It has really emerged as a very strong competitor now by applying the IEO introducing pump dump theory and made funds to launch binance dex and project are migrating.Lets see.

Topic: BNB accused of money laundering for terrorist and market manipulation-->DUMP? - page 3. (Read 806 times)