Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Largest crypto exchange CEO arrested! Anyone getting deja vu?
by
philipma1957
on 23/11/2023, 00:38:17 UTC
⭐ Merited by larry_vw_1955 (1)

they operate binance.us ...
not anymore.

Binance to Make 'Complete Exit' From U.S., Pay Billions to FinCEN, OFAC on Top of DOJ Settlement
https://www.coindesk.com/policy/2023/11/21/binance-to-make-complete-exit-from-us-pay-billions-to-fincen-ofac-on-top-of-doj-settlement/

Treasury Secretary Janet Yellen said that Tuesday's action was the largest settlement in the department's history.
"I want to make sure that folks really understand how unprecedented this monitorship is," a senior official told reporters earlier on Tuesday. "We're not just going after the egregious conduct … but we're also … getting Binance out of the U.S. entirely."


binance.us is still online though right now just goes to show how binance doesn't really take things too seriously. if they had any sense they would have an announcement on the very front page saying "DON'T CREATE A NEW ACCOUNT WE'RE CLOSING DOWN!". irresponsible behavior towards their us customers...


Frankly it looks to me like the USA is backing coinbase and allowed this attack.

I don't understand why CZ went into the US in the first place it was very likely going to be this way.

What I don't like is Coinbase may end up being the only exchange for USA citizens.

And topped with F2Pool dropping US banned tx in mined blocks the US is flexing some serious muscle here.


https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter/


Now combine both and it looks like USA is going for the lockdown and control of BTC.

I wonder if they go after private wallets and addresses next?