US is targeting Binance | Bitcointalksearch.org

Lantind

sr. member

Activity: 2268

Merit: 263

Quote from: goaldigger on December 18, 2022, 04:16:31 PM

Quote from: Lantind on December 18, 2022, 04:11:55 PM

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown, the US Justice Department is going after Binance. According to Reuters, Binance is being hit hard and is now under investigation due to money laundering allegations. Amidst the news, customers are starting to withdraw their funds.
IMO this is all a plot to drive customers away from Binance and led them to Coinbase...

What do you guys think about this?

This is the work of the world financial mafia. They will go after all the world's platforms that are roughly not profitable for them under the pretext of breaking the law. When many exchanges are targeted, even exchanges that have been running for a long time, with the number one public trust in the world, but they say there is something violating the law, namely money laundering, of course this is the work of the mafia behind the law.

There might be someone who are working hard now to ruin the reputation of top exchanges and with this, its a clear attacked against Binance and its competitor is taking advantage of it. Binance looks more prepared though and they are not bothered of the FUD because they know they can take it and survive on it. These kind of attacked might also affect the whole crypto community, so let’s hope for the best with Binance and lets hope that Binance will prevail later on which can trigger the bull trend.

It is possible that Binance will be able to overcome these kinds of problems. But this can also affect Binance's reputation. At least investors will withdraw their assets temporarily on Binance to protect against the possibilities that will occur in the future. If we look at the Binance exchange, of course some of the other exchanges feel uncomfortable with its existence. The average weekly visitor reaches 15 million people, while other exchanges are far below it.
I don't know whether what they are doing is solely protecting investors, or is there another plan behind the power they currently have?

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Quote from: |MINER| on December 25, 2022, 06:57:01 PM

Quote from: BobK71 on December 25, 2022, 03:47:17 PM

It could be. Because at present when FTX is destroyed. Since then, various companies have taken a different look at Binance. We know that now war is not only fought with weapons. Now war is fought economically. Many analysts are hoping that some kind of error will come out in the way the American companies have looked at Binance. But if so then Coinbase will benefit the most. Where America will win. There are various investigations going on with Binance, let's see how far they can go at the end. However, such restriction will keep cryptocurrencies bearish in the long run.

Even though Binance is a strong platform in the world of cryptocurrency, I think Risks is also remains here. Cause after various incidents in crypto world some pepople think that the crash of ftx and all others things and the cause behind of this there was some hand by the CEO CZ . So it will be better if you took investment in here carefully.

Of course, everything in like has risk, specially those things that are beyond our control. Mt. Gox is the classic example, oh wait, we have the recent FTX collapse. But it's more of the people behind, like SBF who really mismanage investors fund.

So if by chance we don't like it, we should withdraw from Binance, to make our money safe.

On the other hand, Binance has been on top of the game and I believed that they will continue to do so with CZ's leadership. So it's really up to us whether we trust him or not with our hard earn money.

|MINER|

sr. member

Activity: 1092

Merit: 421

Quote from: BobK71 on December 25, 2022, 03:47:17 PM

It could be. Because at present when FTX is destroyed. Since then, various companies have taken a different look at Binance. We know that now war is not only fought with weapons. Now war is fought economically. Many analysts are hoping that some kind of error will come out in the way the American companies have looked at Binance. But if so then Coinbase will benefit the most. Where America will win. There are various investigations going on with Binance, let's see how far they can go at the end. However, such restriction will keep cryptocurrencies bearish in the long run.

Even though Binance is a strong platform in the world of cryptocurrency, I think Risks is also remains here. Cause after various incidents in crypto world some pepople think that the crash of ftx and all others things and the cause behind of this there was some hand by the CEO CZ . So it will be better if you took investment in here carefully.

Kavelj22

legendary

Activity: 1708

Merit: 1364

🔃EN>>AR Translator🔃

Quote from: molsewid on December 18, 2022, 03:07:26 PM

Quote from: tygeade on December 14, 2022, 04:29:51 PM

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown, the US Justice Department is going after Binance. According to Reuters, Binance is being hit hard and is now under investigation due to money laundering allegations. Amidst the news, customers are starting to withdraw their funds.
IMO this is all a plot to drive customers away from Binance and led them to Coinbase...

There was a bit of drop that's true, and I understand why they are afraid of Binance because we are talking about a non-American company taking billions upon billions of dollars from Americans and they were upset about that. All that money should have stayed within USA according to them, why do you think Coinbase is fine?

Why do you think FTX CEO got caught in Bahamas and prosecuted in USA? All these because if you ever make money in USA, then you keep it in USA and if you take it out, you bribe the congressmen to be able to do that. Look at all the big companies that can take their headquarters to outside, they can even get help from USA, as long as they bribe the right people.

This makes me think, and yes maybe that's possible the reason behind is they are afraid to Binance or they don't want to let thst foreign app to stay ias number 1 in all areas regarding crypto, we all know that US and China are still in the bad terms. They will create fud if they want but we as users know how binance works and how smoothly it will be when we are using that.

There is no reason for all these concerns. Binance will not fall so easily, and some normal news may be interpreted and presented to create panic in the market, or released by Binance competitors to undermine its credibility. In the past two days, news has been circulating about a $19 billion withdrawal by Binance, and that this is like an escape. Of course, the matter was exaggerated, and there is no certain information about the platform transferring this imaginary amount from its wallets.

The fall of Binance would be disastrous if it happened, and I think the authorities have taken a lesson from what happened with the FTX platform and also the Luna network. Binance has so far been able to secure itself and follow prudent management policies, but no guarantees can be given that the situation will continue in this case. Unfortunately, we are all affected by what may happen with Binance, even if we are not using it.

BobK71

hero member

Activity: 2128

Merit: 655

Leading Crypto Sports Betting & Casino Platform

It could be. Because at present when FTX is destroyed. Since then, various companies have taken a different look at Binance. We know that now war is not only fought with weapons. Now war is fought economically. Many analysts are hoping that some kind of error will come out in the way the American companies have looked at Binance. But if so then Coinbase will benefit the most. Where America will win. There are various investigations going on with Binance, let's see how far they can go at the end. However, such restriction will keep cryptocurrencies bearish in the long run.

irsykes

sr. member

Activity: 1438

Merit: 273

Vave.com - Crypto Casino

Quote from: DeathAngel on December 13, 2022, 07:45:56 AM

Lots of people think SBF was a government worm planted to damage the reputation of crypto which would make it easy for them to regulate hard before they issue their CBDC. I’m not a conspiracy theorist but it seems plausible.
By nuking FTX & creating the ‘crypto bad’ idea, it would allow the government room to hit the big exchanges hard. I don’t know but we may find out soon.

maybe, the other side of crypto is the enemy of the banks. because many people are interested in crypto that doesn't make users complicated. sending money and withdrawing is very easy that already happened. on the other hand cyrpto still lacks a lot in terms of law to be more organized so that it is not easily carried away by FUD flows

beerlover

legendary

Activity: 2842

Merit: 1152

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown, the US Justice Department is going after Binance. According to Reuters, Binance is being hit hard and is now under investigation due to money laundering allegations. Amidst the news, customers are starting to withdraw their funds.

After almost 2 weeks of time, you got any update on this investigation of USA justice department on binance's money laundering issue? Why you are trying to spread FUD when all exchanges are under radar and usually in bear market, these kind of news are most common and we need to simply move on. Anyway, just watching any news next time, do not try to create a topic here especially when it will be negative on cryptocurrencies; instead wait for update and confirmation and then you are free to bring anything here.

fzkto

sr. member

Activity: 2254

Merit: 439

Leading Crypto Sports Betting & Casino Platform

Quote from: Jawhead999 on December 19, 2022, 05:15:51 AM

Then US will targeting Coinbase next Cheesy

after Coinbase is done, they will target the whole centralized exchange and ask for higher tier verification to control every users. At that time, decentralized exchange e.g. Bisq will become the best choice since it doesn't need to submit KYC and the more people who trade on Bisq, the more volume is. So people wouldn't complain again if Bisq's volume is suck, it will become the best exchange in the future.

Yes, trading on DEX would probably be a better choice in the current difficult times when exchanges and large funds are going bankrupt. But DEX still has a lot of disadvantages, such as the lack of margin trading, which is very necessary for many traders. Or the lack of multichain exchanges also causes difficulties for users. No one knows where the U.S. will target, but they can only blame those in their jurisdiction. In this aspect, SBF was foolish to work in the U.S.

KingsDen

legendary

Activity: 1050

Merit: 1018

Hello Leo! You can still win.

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown,

Was FTX actually clamped-down?
Or was it mismanaged?
Any known conspiracy that made you alleged it was clamped down?
Clamped-down by who?
Ok, let's use binance to know it FTX was actually clamped-down. Let us see how fast Binance would be clamped-down.

wiss19

sr. member

Activity: 2072

Merit: 337

It was always obvious that media was in control of the most of the world, and that is why I always wanted to be in media as well. You might imagine that big news corporations make money from the ads or anything? Of course not, it would be impossible for media conglomerate families to get rich enough to buy whole army of security guards to protect them from the people they hurt by lying in media, it is done with money that is basically a bribe to publish stories.

When you get 10 thousand people reading every one of your articles and share it willingly on social media, that is the first ever door opened, that is not the end game, end game is tens of millions watching your channels on either tv or youtube or anywhere else. Someone simply paid media to bash Binance and create a FUD, as simple as that.

FanEagle

legendary

Activity: 2814

Merit: 1112

Leading Crypto Sports Betting & Casino Platform

It was always known and obvious that Binance is solid and people are just attacking them for attacking sake and nothing else. They are super strong, safe, secure and they can be reliable and trustworthy as well. All the people who do not feel the same way are welcome to leave and join another place, I do not care and Binance probably doesn't neither, because after all there is a revenge feeling towards them so it's better if those people leave.

Everyone who still thinks they are decent and doing a good job will always be welcomed there anyway so there is no reason to keep it going in any other direction or way that would cause any trouble in the long run.

Jawhead999

legendary

Activity: 1624

Merit: 1143

Then US will targeting Coinbase next Cheesy

after Coinbase is done, they will target the whole centralized exchange and ask for higher tier verification to control every users. At that time, decentralized exchange e.g. Bisq will become the best choice since it doesn't need to submit KYC and the more people who trade on Bisq, the more volume is. So people wouldn't complain again if Bisq's volume is suck, it will become the best exchange in the future.

Scripture

full member

Activity: 1297

Merit: 126

Quote from: diminizio on December 18, 2022, 05:43:30 PM

i have been hearing a lot lately about the issue of attacking binance, well it seems that indeed binance will be their target after FTX is destroyed. but CZ can't be subverted that easily, in fact a few years ago binance was able to overcome attacks on their network by freezing wallets that were indicated to belong to the hackers.

This is not about hacking incidents though, we are talking about the missing funds here but I think Binance can really handle this one and yes they will survive on this. Wondering the timing of this FUD because it looks like they are preventing Bitcoin to break the resistance and the government is trying to destroy it. CZ is confident about its platform and they are confident that they can handle a 100% withdrawal, that could be a good sign of a good site.

diminizio

full member

Activity: 585

Merit: 100

Binance #SWGT and CERTIK Audited

i have been hearing a lot lately about the issue of attacking binance, well it seems that indeed binance will be their target after FTX is destroyed. but CZ can't be subverted that easily, in fact a few years ago binance was able to overcome attacks on their network by freezing wallets that were indicated to belong to the hackers.

lalabotax

full member

Activity: 1498

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown, the US Justice Department is going after Binance. According to Reuters, Binance is being hit hard and is now under investigation due to money laundering allegations. Amidst the news, customers are starting to withdraw their funds.

Again, the competition among centralized exchanges is now very tight. We cannot deny that this is part of the crypto business. Some big exchanges are seemly beating each other to bring their exchange can survive and beat each other and of course to make their own exchange to be the one with high trust than their big competitors. Investigating like this will always spread the FUD, commonly the market will keep being down if we are seeing the market like this. This will be not a small problem but a big issue that will always spread along the way. And now, we can choose which one that is having the FUD or not. I personally will not care about the FUD, but we also must be ready for any kind of problems related to centralized exchanges. Because once more this will influence so far,

samcrypto

sr. member

Activity: 2002

Merit: 314

Vave.com - Crypto Casino

Quote from: el kaka22 on December 14, 2022, 10:39:40 AM

I am guessing that just because something is investigated doesn't mean that it is a crime, nor will it turn out to be a crime or aimed or hoped to be a crime. Something being investigated means it's looked at if it is a crime or not. It means, if Binance follows all the rules then they have nothing to worry about.

Just to fall with US rules and laws, they opened up binance.us, which means that if that is following the law then there is nothing to worry about at all and binance.com is something totally different. Just because the parent companies are the same, doesn't mean that a crime binance.com may do, doesn't mean binance.us is also a crime neither.

Is this a Binance US or the whole Binance platform? There’s a lot of FUD already and that could affect Binance. This might be just an attacked after Binance left FTX behind and I’m sure someone is forcing the government to do something against Binance. If there’s another problem with top exchange, many will collapse and panic, crypto supporter should not allow this because if we do, we might see more government action agains crypto.

Piesel

sr. member

Activity: 672

Merit: 273

Quote from: shavebob77 on December 13, 2022, 01:03:49 PM

I will never forgive sbf for all this cascade of bad news,the perfect excuse,it won't take long for them to start saying "ban" this or that...

on other hand maybe a complete shutoff between fiat and btc is the key to a true viable way to get to satoshi's vision.

All the negative news following FTX's collapse against cryptocurrency his sponsored by the government and its agents, all to discredit the cryoticurrency industry for it giant stride in the area of decentralized financing.

I hard that SBF has severely financed some legislative seats in the US Parliament, a record of under-table money movement between the disgraced FTX CEOs and some law makers, so this is just a planned political game just to defraud the cryptocurrency market to sponsor their re-elections into the Parliament.

Bananington

sr. member

Activity: 1400

Merit: 340

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

What do you guys think about this?

If binance are credible, they should have nothing to fear. This just makes me think that that story about SBF having friends in high places can be true. The trust people have in binance increased to an extent after the CEO of binance was among the first people to fault FTX. This sudden bringing up of a case that has been on for a while to limelight may just be attempts to shake binance a bit. Regardless, all eyes on this news to see how it plays out, if binance will go down, make sure you don't go down with it.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: albon on December 18, 2022, 03:49:44 PM

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown, the US Justice Department is going after Binance. According to Reuters, Binance is being hit hard and is now under investigation due to money laundering allegations. Amidst the news, customers are starting to withdraw their funds.
IMO this is all a plot to drive customers away from Binance and led them to Coinbase...

What do you guys think about this?

The competitors of the Binance platform have increased and exceeded hundreds, so it could be that one of the competing exchange platforms for Binance is what wants to bring down the platform to take over the throne of crypto. I do not know explicitly if Coinbase is responsible for this conspiracy or not, and I do not know who benefits from this matter, but what I do know is Everyone who holds their currencies on Binance must quickly transfer them to cold wallets, despite my confidence that Binance will overcome these difficult bumps, according to Changpeng Zhao tweet, but we must take precautions, as we do not know the results that will occur after these criminal investigations, I hope that it does not happen An unexpected thing makes the crypto market collapse if Binance falls.

Not new as well, as far back as 2018, Binance and Kucoin has this kind of social media wars, and then it settled down. But it seems though that there are silent wars between the top exchanges specially that Binance has taken over as the number 1 exchanges right now.

And probably this is the right time to create a lot of noises and FUD and I would say that it has a big effect not just on Binance, but the whole crypto market as we have lost billions again the last 3 days since the beginning of the FUD.

goaldigger

sr. member

Activity: 2310

Merit: 355

Quote from: Lantind on December 18, 2022, 04:11:55 PM

Quote from: Blawpaw on December 13, 2022, 06:12:14 AM

After the FTX clampdown, the US Justice Department is going after Binance. According to Reuters, Binance is being hit hard and is now under investigation due to money laundering allegations. Amidst the news, customers are starting to withdraw their funds.
IMO this is all a plot to drive customers away from Binance and led them to Coinbase...

What do you guys think about this?

This is the work of the world financial mafia. They will go after all the world's platforms that are roughly not profitable for them under the pretext of breaking the law. When many exchanges are targeted, even exchanges that have been running for a long time, with the number one public trust in the world, but they say there is something violating the law, namely money laundering, of course this is the work of the mafia behind the law.

There might be someone who are working hard now to ruin the reputation of top exchanges and with this, its a clear attacked against Binance and its competitor is taking advantage of it. Binance looks more prepared though and they are not bothered of the FUD because they know they can take it and survive on it. These kind of attacked might also affect the whole crypto community, so let’s hope for the best with Binance and lets hope that Binance will prevail later on which can trigger the bull trend.

Topic: US is targeting Binance (Read 331 times)