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. Binances stablecoin delisting: What European users need to know. Binance lists ChainGPT (CGPT): Unlocking a new era for AI-powered blockchain solutions. Binance vs. Nigeria: A timeline of events. Binance, OKX and Bybit suspend USDT and USDC deposits on Solana. Binance-Backed OTC Firm Releases Anti-Money Laundering Compliance-as-a-Service Product. Binance Invests in Taiwanese Blockchain Data Monetization Startup Numbers. Binance CEO warns of phishing scams as Uniswap founder gets hacked. Binance to spend $115M in France to develop European crypto ecosystem. The Securities and Exchange Commission has previously probed ties between Binance.US, Merit Peak, 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, to Merit Peak a company said to be now under, and another CZ-owned trading firm called Sigma Chain AG, a trading firm, the world's largest cryptocurrency exchange, BAM Trading, 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., according to a Wall Street Journal report, a Reuters report today claims, 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, Reuters reported. Binance reportedly moved the funds between January and March 2025 from a trading account, 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, had transferred over 400M from Binance.US's account at crypto-friendly bank Silvergate Capital (NYSE:SI) to Merit Peak, 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, 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, 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, Binance..