BINANCE MOVED $400M FROM BINANCE.US ACCOUNT TO FIRM TIED TO CZ: REPORT

Binance moved $400M from Binance.US account to firm tied to CZ: Report. Binance Labs Leads $5.7M Series A Round to Launch FIO Protocol. Binance launches $500M lending project to support crypto miners. Binance Smart Chains TurtleDex rug-pulls shortly after launch. Binance launches African affiliate program after Uganda subsidiary closes. Binance gives security assurances in Philippine senate banking committee hearing. Binance debuts centralized exchange to decentralized exchange trades. Binance continues to serve Russian users despite 2023 exit. Binance Australia GM really confident regulators will side with crypto. An investigation of Binance s banking records and messages reportedly showed the exchange sent 400 million from an account controlled by Binance.US to a trading firm tied to CZ., citing documents. The cash was moved in the first three months of 2025 from the Binance US account at Silvergate Bank to Merit Peak Ltd, and another CZ-owned trading firm called Sigma Chain AG, the world's largest cryptocurrency exchange, seemingly including any at Silvergate Bank. An investigative report has suggested that major cryptocurrency exchange Binance was behind the transfer of roughly 400 million in funds from a Binance.US account to a trading firm managed by CEO Changpeng Zhao. According to a Feb. 16 Reuters, The report said Binance had transferred the said amounts to a trading firm managed by CZ himself. The Reuters report cited having access to banking records and company messages that revealed these details. Further to this, A Binance.US spokesperson reportedly said that only the exchange s employees had access to its accounts, Crypto exchange Binance US moved 400 million from its platform to a trading firm managed by Binance CEO Changpeng Zhao, the news agency said., the transfers were initiated in late 2025 and over 400 million were said to have been moved to a trading firm, Binance, a Reuters report today claims, according to a Wall Street Journal report, to Merit Peak a company said to be now under, had transferred over 400M from Binance.US's account at crypto-friendly bank Silvergate Capital (NYSE:SI) to Merit Peak, a trading firm, Reuters reported. Binance reportedly moved the funds between January and March 2025 from a trading account, Merit Peak, The Securities and Exchange Commission has previously probed ties between Binance.US, Centralized cryptocurrency exchange Binance has moved an estimated 400 million from its US Silvergate Bank account to a trading firm managed by CEO Changpeng Zhao, BAM Trading..