Binance.US Not Being Totally Forthcoming, SEC Complains in New Filing

“Furthermore, discovery has revealed that BHL can not less than impact transfers of BAM’s crypto property from buyer deposit wallets to scorching wallets when transfers get ‘caught’ whereas utilizing the PNK system. BAM’s Head of Clearing, Tao Zhang, testified that he routinely reaches out to a chat group involving BHL staff that he calls the ‘BHL pockets staff’ when BAM’s clearing staff has ‘technical points’ with respect to asset motion,” the submitting mentioned.