Topic: Litigation with Binance - jurisdiction, regulators (Read 2014 times)

farsky, moron, the topic is about Binance, not about me or about you sick in the head.

I'm truly trusting my assets are not frozen any more, and I'm certain I'm in good company. They will have a great deal of annoyed clients in the event that they don't complete anything examination they're doing pretty soon. They are beginning to deal with their framework to additionally further develop their security framework. They have gotten their work done where to decisively situate their trade to upgrade the upsides of a specific nation with regards to crypto trade guidelines.

Thats why I love Custodial Wallet and the phrase Not your keys Not your coins! Whether it is multi billion exchange like Binance or any other exchange out there, the security measures can not guarantee safety of our funds. There had been so many incidences until now where they loose the funds due to data breach, they investigate and find little amount from the lost money and divide that to the users who got affected. That is way suspicious than anything logical. Why every time they say they have improved the security protocols and right after that there is some hacking incidence. Its funny how each time the money returned is tiny share! Does it go to the owners really or what? Its rigorous.

Topic starter (Azrieli) is fascist, Nazi, supporting and rejoicing the Russian war in Ukraine

He calls the people of Ukraine Nazis and calls for their destruction by carpet bombing.
This is a standard tactic of Russian propaganda: declare someone a Nazi and go and kill peaceful cities, a peaceful country.
They have already brought a lot of grief, death and destruction to the world.


translation:

Interesting information about the Binance Scam exchange:

- Promises again: CZ announced plans to open Binance headquarters in France
- Unjustified liquidation: Investor demands $140 million in compensation from Binance
- Tether lends billions of USDT under BTC pledge
- Binance bans Chinese customers from withdrawing cryptocurrency in yuan on OTC market
- Binance has restricted users from South Africa
- Another bluff: Binance will open HQ in Ireland


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Continuation coming soon... .

- Binance Spoofy Bots Cause Mass Liquidations


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- The Escape to Offshore: FTX Casino moved its head office from Hong Kong to the Bahamas
- Here we go again: Binance has stopped registering new users from China
- Binance will impose restrictions for customers from Singapore
- Binance was involved in laundering $2 billion from Finiko pyramid scheme
- Binance's Double Standard: Collaboration with the Suex Crime Center and Payments from WEX (BTC-e)


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

I don't think the OP will respond to you on that. Haven't you seen how they've avoided your question since it was asked? It's obvious they are out on a journey of calumny to tarnish the image of Binance but they forget that Binance is the number one exchange on the Trust score, scoring 10/10. May be OP should check crypto sites to find out how highly rated Binance is. I believe OP is either a rival company or they're paid by a rival company to try this mudslinging.

Interesting information about the Binance Scam exchange:

- The Financial Sector Supervisory Authority of South Africa (FSCA) warned investors against dealing with Binance
- Australia: Binance will close access to crypto derivatives trading
- Monetary Authority of Singapore (MAS): Binance to ban Singapore dollar on its platform
- The U.S. Commodity Futures Trading Commission (CFTC) will check Binance for insider trading and manipulation
- Changpeng Zhao: Binance will abandon its "decentralized" business model


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- UK Financial Conduct Authority (FCA): Can't properly control Binance
- Funny: Binance denied allegations of market manipulation

- KYC: Binance introduced mandatory verification of users
- Binance almost banned futures trading in Brazil
- Binance.US CEO Brian Brooks resigns due to conflict with CZ

- Author's Opinion: Binance and Singapore's Friendship
- Investigation by Coalexander.com: Trading Operations of the Binance Insurance Fund
- Another lie by Changpeng Zhao: Binance is under investigation by the US Federal Government


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- White & Case class action lawsuit: International traders blame Binance for $20 million loss
- The Australian regulator warned investors against working with unlicensed exchanges/firms
- Dutch Central Bank: Binance is illegal in the country


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

As i have seen many news coming from the binance hacking in the last few years but now their terms of security is more stronger than ever , it should be noted that their verification are even more complicated as compared to other exchanges. But mostly some of them are hacked in the present era due to lack of knowledge.

Interesting information about the Binance Scam exchange:

- The London court has obliged Binance to find the cryptocurrency stolen by hackers


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Massive fraud by financial regulators: BitMEX.com and Bybit.com, Binance.com and FTX.com
- Tether: USDT issue for Alameda Research/Binance and Cumberland
- BitMEX agrees to pay $100 million in settlement of claims by U.S. authorities
- South Korea: Binance banned the use of South Korean won KRW
- Court Case: Zaif Exchange Vs. Binance - First Victory in the U.S.


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance Holdings Limited (Cayman Islands): All management resigned, company in liquidation
- Brian Brooks resigns as CEO of Binance.US


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Hong Kong: Binance has shut down customers' access to crypto derivatives trading
- Binance: API only for verified accounts from August 23, 2021


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance Insurance Fund: Fraud with the shutdown of the futures platform on May 19 (technical analysis and evidence)
- Denial of Service: HSBC Bank Blocks Transfers to Binance
- Malta Community Chest Foundation (MCCF): Binance won’t get medical records in fight over $10M crypto
- China: Chinese Crypto Traders Remain Confident in Binance Despite Regulatory Woes



You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- US derivatives traders continue to trade on Binance and FTX


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance structure: Legal entities associated with Binance
- Binance, FTX, Tether criminal cartel
- India's financial regulator ED: Money laundering on WazirX and Binance exchanges
- Securities Commission of Malaysia (SC) announces enforcement action against Binance
- Binance is closing access for EU residents to futures


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance: Daily withdrawal limit for accounts with basic verification decreased to 0.06 BTC
- Rats are abandoning the ship: Binance is looking for a new CEO to replace Changpeng Zhao (CZ)
- A Malta charity sued Binance for $8 million for failing to pay cancer donations
- U.S. DOJ: Tether is facing criminal charges for bank fraud in the U.S.


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance cartel and FTX once again ripped off users on futures
- Binance Margin delists trading pairs with AUD, EUR and GBP
- Financial Times: Funds are pulling back from Binance


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- BNB token and BUSD (Binance Dollar) stabelcoin from Paxos Trust Company issuer
- Denial of Service: British bank NatWest blocks transfers to Binance
- Opinion: FTX repurchased its share from Binance


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance received a warning from the Bank of Lithuania
- Bitcoin's end: Tether, Binance and the white swans that could bring it all down


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

I don’t think anyone really knows where their headquarters is, because I have seen people say that they are based in Malta as well, apart from those saying that they are in Hong Kong. And one thing I noticed is that Binance don’t give out information about that, it’s been a secret. Maybe if the op or whoever wants to sue them, they can start with any of those and start the case.

But I am yet to understand what the problem is with op and why he’s calling Binance a scam exchange, because that’s the exchange I have been using for years now without having any issues at all. Same thing with Coinbase, and I have seen people say that Coinbase is a scam exchange too. The last time Binance got hacked the users were not affected and the exchange took the loss. So it might be good if op takes time and explain what he’s going through and whether he has tried contacting support from Binance.

Another paranoid delusion.

If you are talking about binance exchange, then they have an office in a hung Kong and as a centralized cryptocurrency exchange under the legislation, it can be sued to court by anybody or users who use the exchange if thoroughly you have evidence to back your case.

Interesting information about the Binance Scam exchange:

- Italian Securities and Exchange Commission (Consob): Binance has no authorization to provide services in Italy
- Binance will stop supporting securities-based tokens (tokenized shares)
- Hong Kong Securities and Futures Commission (SFC): Binance is not allowed to provide services in Hong Kong
- US DOJ: No Need to Thank Binance for Investigative Assistance
- Malta Financial Services Authority (MFSA): The activities of Binance are unlicensed and banned


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Complaint results: Remaining financial partners of Binance (deposits and withdrawals of fiat funds)
- Active Community Action Against Binance Casino
- Chinese authorities blocked the Binance website


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Hmm ... There are a lot of this kind of proceedings with this exchange, unless of course it is stuffing, do not judge me hasty, but it happens.
In most cases, based on the stories of other users and also this kind of topics, you will not achieve anything in court, most likely ...

Interesting information about the Binance Scam exchange:

- Polish Financial Supervision Authority (UKNF): Binance is not regulated in Poland
- Denial of service: Santander Bank prohibited transfers to Binance



You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance Justification: An Open Letter to Changpeng Zhao
- Denial of service: ClearJunction refused to service SEPA euro transfers in Binance
- Investors have sued Binance collectively for tens of millions because of the outages on the futures platform


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Denial of Service: Barclays has banned UK clients from sending funds to Binance



You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance pseudo-exchange cheats financial regulators and users in Australia
- Binance users from Australia are considering a class action suit because of Binance's disruptions


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Singapore? I doubt. Rather, some kind of Ukraine.

It looks like a purposeful FOOD is going on with Binance, and in general
I am not against this because Binance is a large enough fish and can withstand any attacks.
I am sure that Singapore will eventually become a stronghold for the company's new office.

Interesting information about the Binance Scam exchange:

- Cayman Islands Monetary Authority (CIMA) initiated investigations regarding Binance
- Monetary Authority of Singapore (MAS) monitors Binance
- Securities and Exchange Commission of Thailand (SEC): Criminal complaint against Binance


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Denial of Service: Faster Payments ceased cooperation with Binance in the UK


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance pseudo-exchange cheats financial regulators and users in Australia
- Binance will stop serving Ontario (Canada) users
- UK Financial Conduct Authority (FCA) banned Binance from the country


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- The Financial Services Agency of Japan (FSA) issued a second warning to Binance


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Yes, Binance (assuminlgy like any other popular exchanges) will do their best to protect their clients when losses occur due to their security being breached. As seen already with the previous hack, Binance did what was of good call, and sure, they'll try to locate themselves in countries with as much legislative power as possible because otherwise the downsides could be substantial.

Interesting information about the Binance Scam exchange:

- British bank TSB forbade customers from buying cryptocurrencies on Binance


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance Casino again ripped off traders with DOWN tokens in a falling market
- Chinese searchers excluded Binance, Huobi and OKEx casino exchanges from output
- Denial of service: Silvergate Bank stopped cooperating with Binance casino
- India's financial regulator ED: Money laundering on WazirX and Binance exchanges

You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Justice Department U.S. and IRS investigate Binance


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance and FTX - serving U.S. citizens publicly using Barry Silbert as an example
- Who owns Binance Casino: Guangying Chen (Heina Chen) or Changpeng Zhao?


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Germany's financial regulator (BaFin) is investigating Binance's violations in the launch of its tokenized stock service


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud



Useful for familiarization - The Binance scary truth: Trading volume falsification as exemplified by stacking Eth2 by 60 times the real volume

It is impossible to give an unbiased assessment of the volumes of these exchanges, judging only by the rating of Coinmarketcap. I think one of the reasons for buying CMC was to gain full control over the rating and the ability to manipulate data in favor of Binance. But I agree with the opinion that Binance is TOP-1.

Interesting information about the Binance Scam exchange:

- Binance (Binance.us): Account blocking practices, inaccessible tech support, asset theft on US user balances (#BinanceHell)


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Regulators to examine crypto exchange Binance’s foray into equities


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Sylvian Ribes: How top exchanges inflate volume: Binance, HitBTC, Okex, Huobi
- The Binance scary truth: Trading volume falsification as exemplified by stacking Eth2 by 60 times the real volume


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance Broker Program: How Binance serves U.S. citizens through Cryptorg
- Chinese social network Weibo blocked accounts of exchanges Huobi, OKEx and Binance
- Binance has suspended direct withdrawals to ruble cards
- Binance Probed by CFTC Over Whether U.S. Residents Made Trades

You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Okex may also have a big volume per their record but Binance is different, it has a lot of supporters and I think they are telling the real volume.
In the ranking here - https://coinmarketcap.com/rankings/exchanges/

you can see that Binance is in the number 1 spot with 17 billion in trading volume while coinbase which is listed next only has $2 billion trading volume.
With that figure, it looks like Binance is like Bitcoin in terms of market dominance, if bitcoin fall the rest of the market fall, so if Binance fall, there should be a huge effect.

CMC by the way is owned by Binance, so information could be a little bias, you know.

Interesting information about the Binance Scam exchange:

- Coinbase Calls Out Binance as It Bemoans Compliance Burden
- Why XRP is a security (fraud) or Fake Cryptocurrencies (Ethereum, Tron, Ripple and others)


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Banking and Brokerage Illegal Binance Services
- News from hell: Binance is trying to shut down Scambinance.com
- Denial of service: In Ukraine, monobank will stop SEPA-transfers from Binance casino



You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

freedomgo, you are somewhat right - it could hit hard. On the other hand, there was a problem with Okex - the market did not even notice. The question is why? I'm pretty sure that these exchanges have very, very inflated volumes (fictitious and fictitious), in fact - there are very different numbers and figures. But as an "alt-casino" - I think so, it may hit the alt market hard. We'll have to wait and see.

Binance been pumping recently, if this ligation will make Binance guilty, I think the market will collapse and people will panic.

Imagine what it would do to the market when Binance as one of the biggest or the biggest exchange in the market is charge for illegal activities, panic will be all around and opposite on what we are witnessing now.

Interesting information about the Binance Scam exchange:

- Archive 2017: Chinese regulator about 60 ICOs: Investigation into illegal offering and Binance securities sales
- Temporary difficulties: DDoS attack on Scambinance.com



You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Denial of Service: Removal of fiat funds acceptance on Binance in Nigeria
- Binance Casino dropped lawsuit against Forbes (Operation Tai Chi)
- For Investigations and Inquiries: Data on Changpeng Zhao, Binance in Switzerland, Guangying Chen and Pascal Schmid
- For investigation and Inquiries: Guangying Chen, Binance, Bijie Tech and Changpeng Zhao
- For investigation and inquiries: Guangying Chen (Heina Chen), BitDJ (do) and Binance domain analysis
- For investigation and inquiries: Malta, Guangying Chen (Heina Chen) and Alexandre Dreyfus


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance - history of missing Cryptopia and btc-e (WEX) assets
- Service Denial: Adding QIWI and removing QIWI from Binance
- Binance's illegal banking and forex activities
- Illegal Binance Financial Transactions with Fiat Money
- Continuation of the BULL/BEAR scam: UP/DOWN tokens - Binance-style casino
- Service Denial: Adding QIWI and removing QIWI from Binance
- SEC claims against Ripple company and XRP token
- Binance Korea stops operating a branch in South Korea


You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Binance closes Uganda branch (Binance Uganda Limited)
- Binance began to block users from the USA for visibility
- Binance casino or technical theft of users' money?
- Binance Sues Forbes Over Alleged "Defamatory Investigations"

Interesting information about the Binance Scam exchange:

- Forbes: Binance earns from U.S. investors by cheating regulators (Operation Tai Chi)

Interesting information about the Binance Scam exchange:

- Coinbase refused to be affiliated with the American Cryptocurrency Association with Binance.US
- SEC Wants to Start Scrutinizing Binance Chain Transactions
- Fraud with NDA: Binance's Lies to Third Parties and Concealing Legal Data

Chronology of fighting the fraud of Binance:

- You can follow our news and chronology on Twitter @BinanceFraud - https://twitter.com/BinanceFraud

Interesting information about the Binance Scam exchange:

- Chronology of fighting the fraud of Binance

Interesting information about the Binance Scam exchange:

- Zero liability: Loss of 1,236,952 TUSD caused by Binance
- Zero liability: Loss through the fault of Binance amounting to 86,000 USDT

Interesting information about the Binance Scam exchange:

- TaoTao Inc. refused to cooperate with Binance in Japan
- Coinbase refused to be affiliated with the American Cryptocurrency Association with Binance.US
- BNB Tokenomics - Fraud and Illegal Security

Interesting information about the Binance Scam exchange:

- Chen Weixing prepares to file a lawsuit against Binance in an effort to have his stake revaluated
- Fisco Sues Binance for Facilitating Money Laundering
- Puppet CoinMarketCap rates BNB as top DeFi currency, then delists it after backlash
- Manipulation: Binance quietly changed the BNB white paper
- Binance CEO Condemned for Listing DeFi Token of the SushiSwap platform
- FMA Liechtenstein banned a transaction among CEO Binance, Chanpeng Zhao and Union Bank

Interesting information about the Binance Scam exchange:

- CoinMarketCap Management Leaves Service After Being Sold to Binance
- Roskomnadzor entered the Binance casino exchange into the register of banned sites in Russia

Interesting information about the Binance Scam exchange:

- Zero liability: Loss of 1,236,952 TUSD caused by Binance
- Zero liability: Loss through the fault of Binance amounting to 86,000 USDT
- ScamBinance.com mirror FraudBinance.com

It would be nice to duplicate such links in the first message of the topic, otherwise the cheap signature spammers do not have enough energy and time to read beyond the first message before writing a paid shit post.

I understand that people may have faced some trouble and I understand at the end of the day no matter how much you work on it, technology sometimes fails you and may have caused some trouble as well, however we are talking about Binance here and I understand you may have lost some money to them and you want to get it back, I don't know how you lost it or what happened maybe you are right or maybe you are wrong but to say that binance is a scam is a bit weird.

This is a company that makes around 20 million dollars per month from trading fee's, not to forget all the other things, they make tens of millions of dollars per month profit legally, why should anyone believe one forum post about how binance is a fraud? I think that would be very tough to convince people.

Another case of Binance's tricks with user assets. It looks as if this exchange from time to time selectively uses users' assets as fuel to solve its financial problems. At the same time, users are selected from countries that do not effectively protect their citizens in cases of cryptocurrency fraud.

Fraud in the amount of 80к+ https://scambinance.com/ru/loss-caused-by-binance/49-nulevaya-otvetstvennost-ubytok-po-vine-binance-v-razmere-86000-usdt.html
Fraud in the amount of 1.200кк+ https://scambinance.com/ru/loss-caused-by-binance/65-nulevaya-otvetstvennost-ubytok-iz-za-binance-v-razmere-1236952-tusd.html

Delete.

Binance is going back to China. The real alt season just started or what? 🤔
https://newsblockchain.io/news/binance-is-going-back-to-china

https://mp.weixin.qq.com/s/MrjmCoVTL4crjQetQxNZ4A - And then people were robbed, Binance activity = 100% fraud.

If binance doesn't owe you any money, why are they giving you that 10% to begin with? So, that you do not bother them anymore? There are some things missing there, if I didn't know about the part where binance paid you, I would say there is a chance you might be wrong as well and binance just does what they are saying they are doing on the rule book. However now that they have given you that 10% that looks like maybe it could be something actually.

Plus this is a good sum of money to go after as well, I know there is pandemic going around right now so all legal things might be taking longer than they suppose to however that doesn't mean that you should give up, it may take longer but eventually the truth will come out and if you are right that is a ton of money.

Running a mirror site https://scambinance.com/

https://www.reddit.com/r/CryptoCurrency/comments/ggc1a8/binance_is_forcing_thousands_of_people_to_sign/
https://www.reddit.com/r/CryptoCurrency/comments/ggc1a8/binance_is_forcing_thousands_of_people_to_sign/fq0nqob/

We’ve received from Binance a "gift", as they call it, in the amount of 10%. From more than 85.000 USDT, 8.500 USDT we’re allocated in BNB tokens. We’ve exchanged this sum. But what about the remaining 90%? This is where Binance redirects us to its own rules and explains verbatim: We owe you nothing, we don’t have to, and we are not responsible for anything, neither for trading, nor for users' balance, nor for users. You trade at your own risk.

Naturally, this “It is your fault” communication format did not suit us. Our entire situation of conflict (including screenshots of trading days, amounts on the day of trading, correspondence with support) was neatly packed into almost 116 mail envelopes and we start sending out to organizations that we think should monitor the “Unpredictable Cryptocurrency Market” and such “cowboys” as Binance. It should be added that as a result of communication in the ticket system, we could not find out where the physical office of the "corporation" is located, which company manages the exchange, in what jurisdiction, any contacts of the company, the legal department or at least some contacts of individuals. This is all a "mystery of the universal scale."

We attended an organized Meetup in Moscow, expressed our complaints and petitions to the representatives of Binance. They were there and there was no reaction on their part. It seems that such "actions" on the part of Binance are happening all the time and we consider them as fraudulent, including the manipulation of trade and all the rest.

I am publishing a list of organizations for every country that can (and should) be addressed in this situation if anybody needs it:
USA
United Kingdom
France
Germany
The Netherlands
Belgium
Japan
Hong Kong
Australia
India
Switzerland
Malta
China
Singapore
Republic of Korea

The organizations:
Japan Financial Intelligence Office (JAFIO)
Criminal Investigation Department India
Joint Cipher Bureau India
Ministry of Industry and Information Technology (MII) China
Internet Society of China (ISC)
State service for coordinating the fight against crime on the Internet ( SCOCI Switzerland)
Cybercrime Coordination Unit Switzerland (CYCO)
Money Laundering Reporting Office Switzerland (MROS)
Suspicious Transaction Reporting Office (STRO Singapore)
FBI - USA
Securities Investor Protection Corporation (SIPC) – USA
National Cyber-Forensics and Training Alliance (Ncfta) – USA
National Central Bureaus (NCBs)
Securities and Exchange Commission (SEC) - USA
Financial Crimes Enforcement Network (FinCEN) – USA
National Futures Association (NFA) – USA
Financial Industry Regulatory Authority (FINRA) – USA
Commodity Futures Trading Commission (CFTC) – USA
Department of Justice USA
Computer Crime and Intellectual Property Section (CCIPS) – USA
New York City Department of Finance (DFS) – USA
Federal Reserve System (FED) – USA
Office of Terrorism and Financial Intelligence (TFI) – USA
Department of the Treasury USD
Governor and Company of the Bank of England - United Kingdom
Police United Kingdom
National Police Business Crime - United Kingdom
National Cybersecurity Center (NCS) - United Kingdom
National Crime Agency (NCA) - United Kingdom
Joint Intelligence Committee (JIC) - United Kingdom
The Serious Fraud Office (SFO) - United Kingdom
Ministry of Justice United Kingdom
Transparency International UK (TI-U) - United Kingdom
Financial Conduct Authority (FCA) - United Kingdom
The Anti-Money Laundering Forum is an initiative from the International Bar Association (ALMF) - United Kingdom
Financial Services Compensation Scheme (FSCS) - United Kingdom
European Securities and Markets Authority (ESMA) – France
The European Banking Authority (EBA) – France
Interpol
Ministère de l'Économie et des Finances (TRACFIN) – France
Financial Action Task Force (FATF) – France
Council of Europe European Committee on Crime Problems (CDPC) – France
European Insurance and Occupational Pensions Authority (EIOPA) – Germany
Europol - The Netherlands
Eurojust - The Netherlands
European Anti-Fraud Office (OLAF) – Belgium
National Police Agency – Japan
Bank of Japan
Ministry of Finance (Japan)
Financial Services Agency (FSA) – Japan
Japan Securities Dealers Association (JSDA) – Japan
Securities and Futures Commission (SFC) – Hong Kong
Hong Kong Police Force
HONG KONG Monetary Authority
Security Bureau Hong Kong
Joint Financial Intelligence Unit (JFI) - Hong Kong
Australian Securities and Investments Commission (ASIC) – Australia
Reserve Bank of India (RBI) – India
The Securities and Exchange Board of India (SEBI) – India
Indian Police Service
Intelligence Bureau India
Central Bureau of Investigation (CBI) – India
Swiss Financial Market Supervisory Authority (Finma) – Switzerland
Money Laundering Reporting Office Switzerland (MROS) – Switzerland
Federal Office of Police Switzerland
Swiss National Bank (SNB)
Nachrichtendienst des Bundes (NDB) - Switzerland
The Malta Financial Services Authority (MFSA) – Malta
Central Bank of Malta
Cyber Crime Unit Malta
Financial Intelligence Analysis Unit (FIAU) – Malta
China Securities Regulatory Commission (CSRC) – China
CBRC – China
The peoples Bank of China
Ministry of Public Security (MPS) – China
Monetary Authority of Singapore (MAS) - Singapore
Singapore Police Force
Cyber Security Agency Singapore
Corrupt Practices Investigation Bureau (CPIB) – Singapor
FSS - Republic of Korea
Korea's Financial Services Commission (FSC) - Republic of Korea
FIU - Republic of Korea
Bank of Korea
National Police Agency - Republic of Korea
SUPREME PROSECUTOR'S OFFICE - Republic of Korea
KFIU - Republic of Korea
National Intelligence Service (NIS) - Republic of Korea
Ministry of National Defense - Republic of Korea
Korea Financial Intelligence Unit (KoFI) - Republic of Korea


If someone needs contacts: emails, telephones, faxes, addresses of each organization, then write to us, and we will provide them.

At the same time, we are planning to create a web resource to highlight this problem, to collect "secret information" about the "secret corporation", to gather similar stories and methods for getting out of them. Nevertheless, traders also have rights, and the exchange should have its own obligations, and not just receive a commission, sell its useless tokens, and manipulate the market. 

I will publish later the address of the web resource, and we will continue.

Wrong. They're no longer operating under FSA, they chooses to ran off with Japanese regulators are hot on this heels. And as far as I know they are the first trading exchanges who brokered a good deal in Malta that's why they immediately take advantage of it and settled there.

As far as OP's problem though, reach out to Binance, there are the only one who can really help you out.

They are based in japan because there is much better crypto laws there. At the time of their ICO and those early days they were in china but they moved their operation to Japan because China is a known against crypto type of country since they want their own currency to be worlds biggest currency instead of dollar but bitcoin makes that difficult by making all currencies worth less.

Now, they are based in japan and if you ever feel like you have been wronged by binance in any way or shape they do have great laws there that prevents those type of stuff to happen again. Once upon a time mt.gox happened in japan and even as early bitcoin days they handled it very well so they are focusing on becoming a bitcoin center country while still holding responsible liable on their actions.

It was no one but Binance that lost a big stacks of more than $40 million. But they are wise and you know the way they treated its users was matchless. They said in their first tweet that they will cover the loss which helped the users keep control over their nerves. In addition, they took a week off to investigate and inspect the weak zone and make sure it is braced against any future hack.

At the moment, they do not want to admit their mistake, moreover, they openly manipulate the time of transactions (not paying attention to the time zone of the account). And do not forget to include a link to the rules, where black and white "We not guarantee You anything" - communication is with support, but it is... it's like talking to a deaf-mute.

he explained here:



translating:

" Better on the legal side (jurisdiction, registry, regulators).
Answering the question: the software of the exchange stupidly did not work for the user's command (the creation of an order did not trigger) - and when it happened (a temporary interval in 12-15 minutes), the price had already flown down. In brief and as a whole, without details and details. "

OP

get in touch with binance and explain your problem, they are the only ones who can solve your problem

Hahaha, he would have just looked for an English translator to do the job for him instead of using Google translator that cannot be as perfect as humans in interpreting it. I don’t think Binance scammed him because he mentioned something like 8 months, which Binance never had any issue of such or anything related to tether, could it be that its bitfinex he wants to mention and not Binance.

Binance has no relationship with tether, its bitfinex product and they alone should be responsible for that. Anyway, he has already put the original post which is in Russia and I hope we can get a Russian translator here that would help out.

This is true and that move to Malta was made in 2017 during the wake of the Chinese ban on Bitcoin.


This is sadly one of the reasons members of the forum don't take any post made by Newbies seriously. They are always in a haste to increase their post counts without caring if they misinform others or not.

Customers does not lost funds but this lose is a reduction of the income of Binance and this will affect their tax liability.
The regulators will certainly conduct an investigation to whatever jurisdiction Binance is under of, if they found this incident unjustifiable, they will surely face the consequence and that's the time we users will be affected as their operations might be suspended, that's the worse case scenario I have in my mind.

i can't decipher how the 85,000 USDT was lost.


they used to be in hong kong, then japan. now they are operated from malta, although they have servers in several countries.


according to their update on sunday, they expect to reopen deposits and withdrawals tomorrow: https://www.binance.com/en/blog/334367288279687168/Binance-Security-Incident-Update-3

Using the translator lost the meaning of what he wants to convey. But anyhow, wherever Binance is currently based. They have done their homework where to strategically position their exchange to optimize the advantages of a certain country when it comes to crypto exchange regulations. And in my opinion, BNB will protect their clients from losing their funds.

I got confused with OPs post. He just used Google translate to translate the thread that he posted on the link which was on the local Russian board. It seems that he is talking about the recent hack the occurred in Binance. Well, Binance took action on it and they made sure that users funds are safe. They are starting to work on their system to further improve their security system.

OP should really clarify his post, or else it will not make any sense.

I guess we don't understand what OP wants to say in here.
OP, maybe you need to clarify what do you want so we can give the right answer.
We can only guess what you want without knowing the truth so it will be better if you can explain more details.
Binance hacking news can happen too in the other exchanges, and we should be careful.

His post makes absolutely no sense and shouldn't have been written in English in the first place.

Binance is probably out of Hong Kong, and it's certainly somewhere in Asia.  I doubt OP is mentioning legal action because of the recent hack, because I don't think any customers lost funds.  Binance itself took the hit.  Anyway, we'll never know what OP means unless he can get someone else to write his sentiments coherently.

On a related note, Binance said deposits and withdrawals were going to be suspended for about a week, and it's been roughly 6 days now.  I'm really hoping my funds aren't frozen for much longer, and I'm sure I'm not alone.  They're going to have a lot of pissed-off customers if they don't finish whatever investigation they're doing pretty soon.

Binance was Hong Kong based, or at least their HQ were in Hong Kong. Now, they have moved their headquarters to Malta, an European country. Malta seems to be one of the several crypto friendly countries. I don't know for sure, but it looks to me Binance should be compliant with EU laws now.

This has nothing to do with the recent hack where nobody actually money in there except Binance itself. OP is talking about an event that occurred about 8 months ago where someone lost 80,000 USDT. The details are not quite clear but as he stated there is no recourse but to go to court and the question is the jurisdiction of Binance. Isn't it already headquarter in Malta right now?

I think that Binance is Hong Kong based,I don't remember.
I don't understand what are you trying to say with your post.Are you scammed by binance?Do you want to sue them?Is this case connected with the recent Binance hack?

The situation is quite simple, because of the actions of the exchange about 8 months ago was lost - a little more than 85,000 USDT. Trying to come to a pre-trial solution, but alas - unsubscribe "we do not guarantee, use the service at your own risk, You do not have to." All this begins to bother and the amount is large in General to leave as is.

Under what regulators is this "Binance-abyss", under what jurisdiction? Now a lawyer assures all apostilides and will begin mailing to regulators, to start with. There will be no effect, there is only one thing - to go to court. I will be glad to any advice, tips, any useful information.

If there are still "punished" by this casino - write, all exactly will carry out a number of activities on our issue, in parallel it will be possible to send your "stories-documents-complaints".

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