CZ is right now doing an AMA on Clubhouse and there were like 10 random people already asking questions and not a single one about the CFTC.
Someone just asked. CZ: “The reporting already said there is no misconduct by Binance. As a business, we must maintain no comment policy on regulatory issues. In general, we maintain very collaborative relationships with regulators around the world and have an active dialog”
“Some journalists want to get some clicks and sell some ads. Max Baucus also just joined us so we are actively trying to work on these regulatory relationships”
“The story doesn’t have a lot of teeth. There are cases where some competitors try to encourage other journalists to write bad things about Binance. That has happened in the past. It’s nasty but it’s what it is”
“Binance has probably the strongest KYC/AML program in the industry. We use several third parties to comply and we also do very diligent IP address geofencing and have technology to even block VPNs. We also do blockchain analysis on inflows coming from US addresses”
“If you’re using a mobile app, the carrier information is public. If you’re using US carrier, we think you may be a US user and sometimes even have a lot of false positives. I believe we have the most advanced US person detection industry of any company in the world”
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