Binance hid extensive links to China for several years

As predicted yesterday the investigation of Finance will uncover new and potentially illegal activity.

Binance hid substantial links to China for several years, contradicting executives’ claims that the crypto exchange left the country after a clampdown on the industry in late 2017, according to internal company documents seen by the Financial Times.

Aside from peoples views on China and the American approach to China, there are rules which require companies adherence and it looks like Binance are in contravention.

Next prediction: could this be the next Crypto financial shock and what might the systemic impacts be to the market writ large.