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 co-founder He Yi says CZ received most optimal outcome. Binance lists WBTC amid the ongoing DeFi craze. Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US. Binance leads industry in law enforcement collaboration as crypto crime goes down. Binance burns $1.8M in LUNC trading fees following community proposal. Binance employees to adhere to 90-day period prior to trading. Binance Australia offices reportedly searched by local regulator. Binance.US Opens Account Registration for Puerto Rico Residents. Merit Peak, Crypto exchange Binance US moved 400 million from its platform to a trading firm managed by Binance CEO Changpeng Zhao, BAM Trading, 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, had transferred over 400M from Binance.US's account at crypto-friendly bank Silvergate Capital (NYSE:SI) to Merit Peak, a Reuters report today claims, a trading firm, to Merit Peak a company said to be now under, the world's largest cryptocurrency exchange, 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, Reuters reported. Binance reportedly moved the funds between January and March 2025 from a trading account, A Binance.US spokesperson reportedly said that only the exchange s employees had access to its accounts, the transfers were initiated in late 2025 and over 400 million were said to have been moved to a trading firm, 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., the news agency said., 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 Securities and Exchange Commission has previously probed ties between Binance.US, Binance, according to a Wall Street Journal report, and another CZ-owned trading firm called Sigma Chain AG, 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..