Crypto giant Binance moved $400 million from U.S. partner

Crypto giant Binance moved $400 million from U.S. partner - Check out the story here

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Over the first three months of 2021, more than $400 million flowed from the Binance.

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The Binance.US account was registered under the name of BAM Trading, the U.S. exchange’s operating company, according to the records.

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Reuters couldn’t determine the reason for the transfers or whether any of the money belonged to Binance.US customers.

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Prime Trust made $650 million in wire transfer deposits into the Binance.US account during the quarter, the bank records show.

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