{"id":25558,"date":"2023-06-12T17:23:17","date_gmt":"2023-06-12T17:23:17","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=25558"},"modified":"2023-06-12T17:23:18","modified_gmt":"2023-06-12T17:23:18","slug":"sec-sues-binance-part-1-binance-us-asset-freeze-tai-chi-plan-sock-puppet-ceos-weird-cash-flows","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2023\/06\/12\/sec-sues-binance-part-1-binance-us-asset-freeze-tai-chi-plan-sock-puppet-ceos-weird-cash-flows\/","title":{"rendered":"SEC sues Binance, part 1: Binance US asset freeze, Tai Chi plan, sock puppet CEOs, weird cash flows"},"content":{"rendered":"<p>The SEC complaint against Binance is huge, the SEC freeze on Binance.US assets is huge, and the SEC submitted nearly a hundred exhibits in evidence. And we read through every one of them.<\/p>\n<p>Part one of our writeup is over at Amy&#8217;s blog. [<a href=\"https:\/\/amycastor.com\/2023\/06\/12\/sec-sues-binance-part-1-the-complaint-binance-us-asset-freeze-tai-chi-plan-sock-puppet-ceos-weird-cash-flows\/\"><em>Amy Castor<\/em><\/a>]<\/p>\n<p>In this edition:<\/p>\n<ul>\n<li>The SEC complaint<\/li>\n<li>The &#8220;Tai Chi&#8221; plan to dodge US regulators \u2014 with original documents<\/li>\n<li>Binance.US&#8217;s sock puppet CEOs<\/li>\n<li>Freezing US customer funds against CZ<\/li>\n<li>How the Binance money funnel works<\/li>\n<\/ul>\n<p>&#8220;4,&#8221; as CZ would say.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2023\/06\/12\/sec-sues-binance-part-1-binance-us-asset-freeze-tai-chi-plan-sock-puppet-ceos-weird-cash-flows\/cz-forbes-2021\/\" rel=\"attachment wp-att-25560\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-25560\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/06\/cz-forbes-2021.jpg\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/06\/cz-forbes-2021.jpg 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/06\/cz-forbes-2021-300x185.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/06\/cz-forbes-2021-348x215.jpg 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><small><i>Looking relaxed there, CZ<\/i><\/small><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>&#8220;the strategy of bnb is to survive for 2 years and f off and in this 2 yrs try ur bestest to not land in jail&#8221;<\/p>\n","protected":false},"author":1,"featured_media":25560,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[568,1275,33],"class_list":["post-25558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-binance","tag-cz","tag-sec"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/06\/cz-forbes-2021.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/25558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=25558"}],"version-history":[{"count":9,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/25558\/revisions"}],"predecessor-version":[{"id":25568,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/25558\/revisions\/25568"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/25560"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=25558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=25558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=25558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}