- The CEO of Swan Bitcoin claimed that Binance.US does not hold users’ funds.
- Klippsten pointed out that the funds were probably held by Binance International.
- Many individuals in the crypto community believe Klippsten’s statements were false.
The CEO of Swan Bitcoin, Cory Klippsten claimed that Binance.US, a crypto exchange for U.S-based users, does not hold users’ funds.
Binance US does not have your money, it turns out.It probably exists, but it's held by Binance Int'l, which is, of course, an illegal runaround of US regulations.Walls closing in on CZasino Boy.Great reporting by @Reuters and @MikeBurgersburghttps://t.co/G0POvHuq5o— Cory Swan.com (@coryklippsten) December 18, 2022
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