How crypto giant Binance became a hub for hackers, fraudsters and drug traffickers. I warn sinkies about Binance!

[tankgunner]

cashing out now

 

[fortunecat]

Quote for true. Can only by $10 every type of coin and see if you get $10,000 back. Is like a perpetual $10 Toto bet.

Can try, but if you happen to hit one (even from $10 to $100), next you're going to put hundreds or thousands. That's human nature

 

[jasonho26]

But if no kyc after that, can only withdraw a small amount a day, very troublesome for money laundering

i guess you did not read my post key point. binance Mr Zhao was a runner for CCP.
when Binance do not even have a office address and you are assuming he will follow KYC.
haha.... no wonder so many sinkies fall into scams...

 

[jasonho26]

Binance coin the next luna?

better be safe than sorry.

 

[toasteroven]

Can try, but if you happen to hit one (even from $10 to $100), next you're going to put hundreds or thousands. That's human nature

That is how casino works sir

 

[fortunecat]

i guess you did not read my post key point. binance Mr Zhao was a runner for CCP.
when Binance do not even have a office address and you are assuming he will follow KYC.
haha.... no wonder so many sinkies fall into scams...

You are the one who mentioned they do not have kyc, then after knowing they have you say they won't follow kyc.

What you want me to say then....

 

[jasonho26]

The whole idea of crypto currency is anonymous, no?

No.
cryptocurrencies to be even consider " currency" it must have circulation, what you can buy.

anonymous is a term often use by many as a means to bypass regulations thus when you get scam or con... nowhere can you get recourse.

Cryptos must be centralised, legally regulated but the circulations of cryptos can be decentralised from traditonal banking system. This will be the real deal. There are 1 such coin in the market.

 

[vj_style]

tot binance already ban by MAS last year, still can use ar? I think MAS could already smell something fishy even though it's just the Singapore entity.

The regulator had in September ordered Binance - a separate entity that operates another cryptocurrency exchange Binance.com - to stop providing payment services to users in Singapore.


It said then that Binance Asia Services' licence application to operate Binance.sg was under review.

https://www.channelnewsasia.com/business/binance-sg-singapore-close-withdraw-mas-application-2375571

 

[jasonho26]

You are the one who mentioned they do not have kyc, then after knowing they have you say they won't follow kyc.

What you want me to say then....

well.. i had explain they had no KYC accounts since day 1. how many accounts are KYC do you know since they do not even have a legalised company address? you are simply providing your personal information to Binance only. KYC with no company address?? can you even believe that?

need i explain more now that it get into trouble for drug traffickers, fraudster? got KYC and AML?

Get out while you can.. or if the money still there.
good luck.

 

[fallen1]

The whole idea of crypto currency is anonymous, no?

Anon is for the holder
Not the one holding for you

 

[Esteee]

Entertaining thread and a fine example of the Dunning Kruger effect in action.

From the bottom of my heart, thank you threadstarter.

 

[2Dollar]

Lol banks laundered hundreds of billions and get off with a fine

 

[Mecisteus]

I dont even dare trade with binance
I dont understand why people can just put money in there
Probably because not their own money

Coinhako for you ?

 

[koreanlover]

Really big one that failed is only Mt Gox right? After that those that failed are mostly quite ulu ones

https://www.netflix.com/tudum/articles/trust-no-one-the-hunt-for-the-crypto-king-trailer

 

[Mecisteus]

TS is just spreading FUD for nothing.

So far clients funds are SAFU. Nobody lost their coins with Binance.

This news is for Binance to worry. Not clients.

Binance is too big so regulators around the world are just trying find fault and collect fines.