Binance CEO's trading firm received $11 bln via client deposit company, SEC says
Published on: Wednesday 07 June 2023
By Tom Wilson LONDON, June 7 (Reuters) - Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion of client assets through a Seychelles-based firm set up to take customer deposits, a U.S. Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a U.S. court to freeze Binance's U.S. assets, came a day after the
