June 19 (Cointime) - Binance, one of the largest cryptocurrency exchanges in the world, has been under regulatory scrutiny recently. However, the founder of Binance, Changpeng Zhao, sees this as a validation of their operations. A court transcript has affirmed that there is no evidence of any dissipation of assets or offshore transfers through BAM Trading, the operator of Binance US.
This validation is significant considering the recent controversies surrounding Binance, but it is important to remember that they still have to navigate a complex regulatory landscape and maintain transparency in their operations.
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