Starting a clean and hopefully shorter thread to show how these entities all fit together;
#binance #CEFFU, #bifinity #tornadosingapore
1. Tornado Singapore Technologies Pte Ltd (Singapore)
- originally incorporated as Swift Singapore Technologies Pte Ltd.
- Shareholder - Binance (Services) Holdings Limited (100%)
- Directors - Loh Tek and Michelle Tan (current), CZ (former)
#tornadosingapore doesn't appear to have a web presence but #swiftsingapore's website while its abandoned it is still online swiftsgtech.com
2. CEFFU companies are;
- CEFFU Holdings Pte Ltd
- CEFFU SG Pte Ltd (fna Binance International Pte Ltd)
CEFFU Holdings
- Shareholder - He Jinkai (100%)
- Directors - He Jinkai, Loh Teck
CEFFU SG
- Shareholder - CEFFU Holdings (100%)
- Directors - Michelle Tan, Loh Teck
#binance related job titles for the directors of #CEFFU Holdings are;
- He Jinkai - Head of Custody, Binance
- Ian Loh (Teck) - MD, CEFFU
CEFFU SG fna Binance Institutional SG launched Dec 2022 as #Binancecustody a rebrand of #bifinity which was fna #binanceUAB
Websites:
- CEFFU Singapore Co's - None
- Bifinity - primary website is (under license?), before it was (still live) and before that (which points to binancecnt not ceffu)
Definitely not confusing.ceffu.com
binancecnt.com
bifinity.com
Name/ownership;
- Binance Institutional -incorp Oct 2022, renamed CEFFU SG, Mar 2023.
- CEFFU Holdings June 2023, holds 100% of CEFFU SG.
Questions:
Which Binance entity previously held CEFFU SG
and why does an individual hold 100% of the Holding Co and not a Binance entity.
3. #CEFFU and #Tornadosingapore connections
- CEFFU appears to be pivotal importance including #SEC shitstorm
- CEFFU shares are held not by Binance but an individual.
- Tornado is owned by Binance but has never been publicly acknowledged.
Apart from Singapore, what actually connects #ceffu and #tornadosingapore them and why?
- People (definitively)
- Contracts (likely)
People
Loh Teck and Michelle Tan are directors of both CEFFU SG and Tornado Singapore.
Things become a little clearer when you bring it all together. The common directors are in yellow.
I'm going to park up the thread for now as I'm out of time. I'll be offline for the next 24hrs
Will pick up again then.
unroll @threadreaderapp
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