US is targeting Binance - page 2. | Bitcointalksearch.org

Lantind

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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.

albon

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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.

molsewid

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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.

Victorik

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Quote from: janggernaut on December 13, 2022, 07:42:44 AM

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?

That's an old news. You can find that from @binance tweet, as he stated on here

That's another way how to revenge binance after FTX collapse, FUD is always FUD. But the good news is, we can buy more BNB coin now

And I am very sure very many people will not even bother to confirm the authenticity of the information before rushing to spread the rumor.
After what happened with FTX, whether the information is true or not, it will definitely create panick in the minds of some gullible individuals.

Blawpaw

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

...
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?
...

Yeah, that was my reasoning. One way or another, they will try to avoid millions of dollars being taken out from the country and of course that companies such as Binance will immediately become a target. Now, this is a problem that Binance can solve by trying to obtain the right licences to establish in the country and pay taxes. After that, then they would be free to circumvent regulations and keep taking money out of the country anyway. They are still not doing it, I guess because this would be the expensive way.

tygeade

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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.

m2017

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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?

First thought: "just that wasn't enough". If there are real problems in Binance, this will directly affect the crypto market and the negative effect of this will be more powerful than if the FTX. This news background has already had an impact and shattered the faith of users in this platform. Here it doesn't matter whether the problems are real or not, people panicked and withdraw their money. Panic never leads to anything good. The same applies to the bnb. Problems with Binance = problems with bnb. There is no need to have a "magic crystal ball". BNB will fall in price. The only question is how much.

fuguebtc

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Quote from: janggernaut on December 13, 2022, 07:42:44 AM

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?

That's an old news. You can find that from @binance tweet, as he stated on here

That's another way how to revenge binance after FTX collapse, FUD is always FUD. But the good news is, we can buy more BNB coin now

I see it too, that's exactly what's going on. CZ is not the one that kills FTX, but he is the one that makes FTX die faster, CZ and SBF have been arguing on Twitter for a few days, and SBF said he wouldn't spare binance, so I'm not surprised Fuds about binance at this point. Binance may also crash someday or never, no one knows but I am confident that now is not the time for binance to crash. It's all just someone's revenge plan, and this is also a good thing for binance to have a chance to prove its strength.

el kaka22

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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.

Jackl87

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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?

I had no time to research yet but i read in a few telegram chats already that there are some rumors going around about Binance and now i know what rumors these are. Money laundering is a serious accusation and therefore i am not really surprised that a lot of people are withdrawing funds from Binance now and that the BNB coin has also lost some value in the last two days.
Well i think everyone knows that Binance is the biggest player in the crypto space since a few years now and if there would really happen something big with Binance like a trial or even more then i think Binance will go down way lower than now and with it the whole crypto market. Lets hope that does not happen.

doomloop

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Quote from: Bitstar_coin on December 13, 2022, 03:09:13 PM

Quote from: masulum on December 13, 2022, 12:24:45 PM

Not only the US, I also read UK wants Binance to share user data regarding alleged criminal money flows. This is not good news for crypto. However, as long as it's not directly related to Bitcoin, I think crypto will be fine. of course there will be fluctuations in prices, this is common, there is no need to worry. Therefore, if you have a lot of assets on Binance, it's best to keep them in your personal wallet. So when there are sanctions given to binance and suddenly holding user assets, our assets are safe because have been transferred before.

Ftx is an exchange and not directly related to btc but the bad news was able to affect btc price, now imagine anything should happen to Binance, the market will be in a total chaos, the price of btc will drop heavily and people will have less trust to hold any asset including btc.
I hope FUD will not will only remain so because it will really hit hard on the market.

It is related because it holds different cryptos including BTC but the bad news or the media fuelled it more causing people to worry. Binance is still trusted as of now and I hope they will remain like this because if not then it will be a disaster but no this won't put an end to the overall market. So many big and trusted exchanges have all fall down in the past but people have learned to move on later on.

If there's one to blame here then it must be the exchange and not the cryptos itself. Some of the cryptos are still trusted as long as you store them on the wallet which you fully control. Fuds can disappear but there's a chance that it will come back again after some time.

Jaered

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Does the DoJ have the length of tentacles required to take down CZ right from Washington? I don't know. Don't think so. There's Binance.us which is within their reach and serving American customers. But why is the whole Binance panicking?

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

IMO this is all a plot to drive customers away from Binance and led them to Coinbase...

What do you guys think about this?

What I think? Well, for starters, I think you're just making a wild accusation there by mentioning that it's a ploy to lead Binance's dissatisfied customers to Coinbase. What are your facts on this issue? No?

Quote from: mu_enrico on December 13, 2022, 10:07:58 AM

Anyway, just for discussion, if you see today's Bitcoin pump, that can be because users are fleeing to BTC, trading their altcoins from Binance to BTC. And then, they will withdraw their BTC from Binance. Or it probably is a nothing burger, just business as usual.

Yes, there's a possibility that traders and investors are trading their altcoins for Bitcoin. That could be the cause for today's pump we've witnessed so far. However, we can't be sure they're doing the buying and selling on Binance. It can be on any other exchanges.

Xal0lex

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Binance has now been hit with a big batch of FUD. A huge amount of various speculations and manipulations of opinion are concentrated around this exchange now. There is also the shenanigans of competitors, which can also provoke users to take certain actions. In any case, it is very dangerous to keep your money on any of the centralized exchanges, especially in these unstable times. Use your non-custodial wallets, not exchanges.

Bitstar_coin

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Quote from: masulum on December 13, 2022, 12:24:45 PM

Not only the US, I also read UK wants Binance to share user data regarding alleged criminal money flows. This is not good news for crypto. However, as long as it's not directly related to Bitcoin, I think crypto will be fine. of course there will be fluctuations in prices, this is common, there is no need to worry. Therefore, if you have a lot of assets on Binance, it's best to keep them in your personal wallet. So when there are sanctions given to binance and suddenly holding user assets, our assets are safe because have been transferred before.

Ftx is an exchange and not directly related to btc but the bad news was able to affect btc price, now imagine anything should happen to Binance, the market will be in a total chaos, the price of btc will drop heavily and people will have less trust to hold any asset including btc.
I hope FUD will not will only remain so because it will really hit hard on the market.

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I doubt if this legit, they only want to create FUD nothing else.
They are constantly looking for way to make investors doubt the crypto space even if it means bringing up an event that occured a long time ago.

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.

I saw an article online stating that "Sam Bankman-Fried has been arrested" though I didn't bother to look at it because I was busy with something else. And it seems to be a good news.
But my question is; since he has been arrested what will happen to the assets of his customers? Will they be refunded? Or will he compensate them for their losses?
Those were some of the questions that came to my mind when I saw the article. I was lucky not to have used FTX.

shavebob77

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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.

masulum

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hmph..

Not only the US, I also read UK wants Binance to share user data regarding alleged criminal money flows. This is not good news for crypto. However, as long as it's not directly related to Bitcoin, I think crypto will be fine. of course there will be fluctuations in prices, this is common, there is no need to worry. Therefore, if you have a lot of assets on Binance, it's best to keep them in your personal wallet. So when there are sanctions given to binance and suddenly holding user assets, our assets are safe because have been transferred before.

shinratensei_

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People were starting to believe in bitcoin again. Any FUD in the market greatly affecting the trust by people to the centralized exchange site. Some people were choosing to convert their assets into the bitcoin. Binance has been making a very fast move since the FUD was coming. Recycling the old news has become another trend to create FUD. I just wanna know how long the press will try to blow up fake news that already made before.

I do believe with binance. So far binance is the healthiest exchange site that i have ever seen compared with another exchange site. It seems like that those who hate binance must do that even harder to hit binance.

I hope that people will never try to leave from binance.

mu_enrico

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Not sure about users withdrawing coins, but the news about the US (and its ally) targeting Binance is quite old. The real question is whether or not they will do real action/crackdown this time.

Anyway, just for discussion, if you see today's Bitcoin pump, that can be because users are fleeing to BTC, trading their altcoins from Binance to BTC. And then, they will withdraw their BTC from Binance. Or it probably is a nothing burger, just business as usual.

Topic: US is targeting Binance - page 2. (Read 331 times)