Binance says FT is ‘dramatically mischaracterizing events’

Binance has denied the Financial Times report that it has ties to China successful an emailed connection to CryptoSlate.

A spokesperson for the crypto speech said the steadfast does not run successful China, nor does it person immoderate exertion — including servers oregon information — based successful the Asian country. They added:

“We powerfully cull assertions to the contrary. To beryllium clear, the Chinese government, similar immoderate different government, has nary entree to Binance information but wherever we are responding to lawful and morganatic instrumentality enforcement requests.”

The Financial Times study alleged that Binance had maintained a mainland bureau until 2019. The study further claimed that Binance deliberately obscured the grade of its operations successful China contempt claims to the contrary.

According to the statement, Binance said, “anonymous sources [were] citing past past and dramatically mischaracterizing events.”

More details to follow…

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