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Binance Concealed Ties to China for Years, Even After 2017 Crypto Crackdown: Report

Binance, one of the world's largest cryptocurrency exchanges, has been accused of concealing ties to China for years, even after the Chinese government cracked down on the cryptocurrency industry in 2017. The accusations come as part of a larger investigation into Binance's operations and business practices.

The accusations raise concerns about the company's transparency and accountability, and highlight the regulatory risks and challenges facing the cryptocurrency industry. Binance has faced increased scrutiny from regulators and policymakers in recent years, and has been the subject of numerous investigations and lawsuits related to its operations and business practices.

The accusations against Binance are a reminder of the importance of transparency and accountability in the cryptocurrency industry. As more businesses and individuals seek to participate in the market, there is growing demand for reliable and secure financial services that can facilitate transactions and provide users with greater flexibility and control over their assets.

(by Ana Paula Pereira)

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