NEW: Binance had secret access to a Silvergate bank account belonging to the crypto giant's purportedly independent U.S. partner. During a three-month period, Binance transferred $400 mln from the account to a trading firm managed by CZ, we found: reuters.com/technology/cry…

Three US Senators have asked Binance and its U.S. partner BinanceUS for information about their regulatory compliance and finances, citing our series of Reuters investigations that have detailed widespread compliance failings at the companies reuters.com/markets/curren…

And our reporting on Binance is all here: reuters.com/investigates/s…

After US senators' letter to Binance, CZ today said: "(They) went off a bunch of Reuters articles. Reuters wrote like 30 negative articles about Binance. Most of them are not substantiated. Most of them are what I would call FUD" Read the articles here: reuters.com/investigates/s…

Yesterday's story on the senators' letter: reuters.com/markets/curren… And CZ's new comments: x.com/i/spaces/1mrGm…

“I would not want to argue any of the above in a potential fraud/money laundering case,” wrote one of the owners of Tether Holdings.

Any law­suit from U.S. reg­u­la­tors would be like “nu­clear fall out” for Bi­nance’s busi­ness and its of­fi­cers, a Bi­nance ex­ec­u­tive warned col­leagues in a 2019 pri­vate chat - The Wall Street Journal wsj.com/articles/texts…

Crypto-focused bank Silvergate plans to wind down operations reut.rs/3L9HzHA

Very pleased that the SABEW has recognized our reporting on FTX's collapse, along with our investigations into Binance, with an award and two honorable mentions. The judges said Tom Wilson & I "opened up one of the biggest black boxes" in crypto. sabew.org/best-in-busine…

The award for our FTX coverage was with the crack reporting team of Tom Wilson, Chris Prentice, Hannah Lang, Gui Qing, Jasper Williams-Ward & Luc Cohen. Those were some long days..

The Binance stories, and some of the FTX ones, are here: reuters.com/investigates/s…

Honoured to win the Reuters Reporter of the Year 2022 with Angus Berwick, for our investigations into the Binance and FTX crypto exchanges

JUST IN: Binance and Changpeng Zhao were sued by CFTC in the US. via Bloomberg Crypto

Binance and CEO CZ 🔶 BNB have been sued by the U.S. Commodity Futures Trading Commission for regulatory violations. "For years, Binance knew they were violating CFTC rules, working actively to both keep the money flowing and avoid compliance" reuters.com/legal/crypto-e…

The CFTC charged Binance's former compliance chief Samuel Lim, too. Tom Wilson & I reported last year that Lim was aware of Binance's compliance failings. “Damn why touch fiat if dont wanna be compliant. So ironic LOL,” he wrote in a text we reviewed reuters.com/investigates/s…

A selection of Lim's texts in the complaint: - Binance’s compliance was "fo sho" - Prioritizing commercial success over compliance was a "biz decision" - "Like come on. They are here for crime" - "there is no fking way in hell I am signing off as the cco for the ofac shit"

Our story today on the CFTC's action: reuters.com/legal/crypto-e…

A Reuters review of more than 2,000 court cases shows how law enforcement officials have used surveillance and facial recognition to detain hundreds of protesters in Moscow: reuters.com/investigates/s…

NEW: Catherine Coley, who launched Binance's US exchange in 2019 as its CEO and left suddenly two years later, has enlisted a former top cop at the CFTC to represent her in the U.S. government's investigations into the crypto giant - w/ Chris Prentice reuters.com/legal/ex-ceo-b…

We at the The Wall Street Journal would be grateful if you read and share our article about our colleague, Evan Gershkovich, who is unjustly imprisoned in Putin’s Russia. #IStandWithEvan #JournalismIsNotACrime wsj.com/articles/wsj-r…