/biz/ - Business & Finance

first of they are unregulated binance doesn't have licenses to operate, that is illegal. Also, they are routinely fucking over traders by manipulating prices and fuck over everyone on margin, they are also known for doing a shit load of washtrading
CZ is a scammer he knows people are on to him or he wouldn't be listing unaudited tokens and DeFi projects the same day they are released if he wasn't making a final cash grab.
Otherwise he would be more careful so nothing bad happens and had complaints against him. He's listing things like he knows he has limited time to get all he can before he has to hide.
Governments don't let random people set up major money and banking exchanges with derivative products and lending services and all that to random people and then watch them take billions out of each countries economy and into his pocket without them locking the guy up. He's a dead man walking.

>It is no secret that Binance's operations are borderline illegal. Binance is a key member of the crypto crime cartel that has been known to manipulate markets and launder money.

You know how even the sketchiest of criminal entities incorporate in Cypress or Caymans or some shit? Well, CZ said Binance was listed in Malta.

Malta DENIES THIS.
https://www.mfsa.mt/news-item/public-statement-2020/

So, Binance is NOT incorporated ANYWHERE. Which means that they operate completely outside of any jurisdiction. For DeFi, that might be OK, but a centralized exchange?...
Also, be prepared for any transactions that you chain convert from Binance to fiat to be frozen or seized by the authorities of whatever country you are a citizen of.


https://www.forbes.com/sites/michaeldelcastillo/2020/10/29/leaked-tai-chi-document-reveals-binances-elaborate-scheme-to-evade-bitcoin-regulators/?sh=159845a72a92
https://www.coindesk.com/binance-is-not-under-our-jurisdiction-says-malta-regulator?utm_source=hootsuite&utm_medium=twitter&utm_term=Events&utm_content=Register&utm_campaign=FATF

>>28207529
>>28208384
ahahahaha, just went all in BNB

>>28207529
>sec going after a chinese guy
k burger

thanks, just bought 100k

>>28208384
>SEC
>China
kys faggot

>>28208657
>>28209129
based

Unironically just bought more

unironically went 25% of my savings into bnb after reading this

Yea I'm good pajeet

>>28208384
CZ up to his usual antics
chinance is a ccp boiler room:
https://cointelegraph.com/news/binance-quietly-drops-multi-million-forbes-defamation-lawsuit

>>28208384
>Well, CZ said Binance was listed in Malta.
yeah he colluded with the maltese politicians that were involved in car bombing the panama papers reporter
just like his buddy Arthur Hayes, CZ is running on limited time
notice how bitcoin shot up in price after bitmex was shut down?
not a coincidence

>>28207529
>t. Shorted $99

>>28209573
that's gonna be 100 dollars eoy
why would he give linkies away like that

>>28209303
remember ABRA?
they were based in the Philippines, but the USA fucked them up, the us has a long arm

>>28209776
>42
are you the anon who made the "binance hate thread " or whatever it was called, with all the info about chink exchanges?
i remember some namefag posting insane info
if yes, post please

Redpill me on CZ's airBNB token. What the fuck does this shit even do and why has it been the top performing asset this alt season despite NO ONE even talking about it

>>28208384
kek

>>28210067
use this thing fren, you'll see a lot of posts >>/biz

>>28209956
That's true but only applies to countries that bend the knee to ZOG. US can't do jack shit to entities in places like China or Russia.

>>28210037
you get MASSIVE cashback on binance card if you hold a huge stack of BNB. very valuable for bitcoin whales who are rich as fuck and want that 8% cashback from holding 5k BNB (fucking whales dude). This is more money CZ can use to invest in real shit and get even richer, much more than a measly 8% of your daily card limit.
You can also increase your referall earnings from 20% up to 40% in fees by having a large BNB holding, which affiliate advertisers do to profit by advertising for binance.

he's a businessmodel genius.

>>28210037
It's the native token for the binance smart chain, which has insanely low gas fees and makes it very easy for ETH projects to migrate over to BSC or set up a dual chain. Binance is slowly eroding Ethereum's dominance over the altcoin market by offering customers and devs a cheaper alternative.

>>28207529
He really isn't. This is about a new ICO & DeFi Ponzi bubble starting on Binance Chain. It's very gay because the tokens on it aren't wrapped. It's just Binance holding it in vaults and saying they're good for it (see LINKB). So if it fucks up, they can use their DBFT consensus to roll shit back.

This is all it is. The SEC has no jurisdiction and could maybe sink the US version. He's all above board in his home country of Malta.

>>28210034
>are you the anon who made the "binance hate thread " or whatever it was called, with all the info about chink exchanges?
no but Chico Crypto does a good rundown:
https://youtu.be/Rf430XYsBW0
Justin Sun is another problem

WHATS THE BEST ALTERNATIVE?!

>>28211302
>Chico Crypto
are you mentally deficient?

>>28207529
>getting priced out of the biggest exchange in the world
ngmi

>It costs 100$ to have VIP 1
>It costs 200$ to have VIP 1
>It costs 500$ to have VIP 1
>It costs 1000$ to have VIP 1
>It costs 5000$ to have VIP 1 <-- (You) are here
>It costs 10.000$ to have VIP 1
>It costs 50.000$ to have VIP 1
>It costs 100.000$ to have VIP 1
>It costs one million dollars to have VIP 1

>>28211302
i hate this fucking faggot but I'll watch the vid

>>28209956
>comparing the influence us has in philippines with china
what a fucking brainlet

>SEC
it's a fucking chinese company you absolute braindead retard

>>28209956
>A literal tranny state
or
>China

Guess which one is going to allow an investigation on one of their own

>>28207529
>The sec
who need mutts if you have 5.2 Billion other pajeets that buy

>>28211302
alright watched this shit, the Malta thing, the fake volume thing
already knew about this, hoped for something new, but, still scary
and while we're on the subject of shitty youtube videos, go watch this part
https://youtu.be/mNSuvYaJ2Vg?t=931
binance wants to dive into a dex, we're fucked if that happens, not even the us will bring them to justice

>>28210381
literally nobody is using that centralized chain other than already centralized ico shittokens. the whole thing is doa, just trying to pump their exchange token

>>28212315
A DEX you say? A DEX with cross-chain compatibility, you say?

>>28212527
Ok pajeet

>>28207529
He doesn't operate in US what the fuck does he care about SEC

>>28212610
sho sho

>>28212698
I'm just throwing it out there. I'll be going now.

>>28212786
watch the timestamped video, its not going to be rbc, they are doing their own bullshit
also rbc was just a pnd, sorry

>>28207529
Americans arent allowed to trade on binance and binance u.s. is a different company it's because of absolute retards like you that Americans arent allowed access to these exchanges or IPOs unless your an accredited investor because Americans need "protection" from their own retarded self where the SEC has just created a poverty trap do yourself a favor stop investing and just spend 50 dollars a week on lottery tickets

>>28208384
Reminder that you CANNOT delete your Binance account and CZ has everyone's ID and personal info forever (not me).

>>28210287
You can get 40% PLUS 10% of your referrals referrals fees on Coinmetro, also by "locking in" some XCM you can get 20% exchange rebate, 20% margin rebate, 50% maker bonus, also increased rewards from staking etc. And with being regulations compliant its an easy choice as a main exchange for me. Its the real FUNDOS ARE SAFU exchange.

>>28213721
sho sho, dont give people HERE that info