{"id":558781,"date":"2023-03-03T00:50:00","date_gmt":"2023-03-02T21:50:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sen-elizabeth-warren-and-colleagues-demand-to-see-binances-balance-sheets\/"},"modified":"2023-03-03T00:50:00","modified_gmt":"2023-03-02T21:50:00","slug":"sen-elizabeth-warren-and-colleagues-demand-to-see-binances-balance-sheets","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sen-elizabeth-warren-and-colleagues-demand-to-see-binances-balance-sheets\/","title":{"rendered":"# Sen. Elizabeth Warren and colleagues demand to see Binance\u2019s balance sheets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3be30dcace3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3be30dcace3\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/sen-elizabeth-warren-and-colleagues-demand-to-see-binances-balance-sheets\/#%E2%80%9D_Sen_Elizabeth_Warren_and_colleagues_demand_to_see_Binances_balance_sheets_%E2%80%9C\" >&#8221; Sen. Elizabeth Warren and colleagues demand to see Binance\u2019s balance sheets &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Sen_Elizabeth_Warren_and_colleagues_demand_to_see_Binances_balance_sheets_%E2%80%9C\"><\/span>&#8221; Sen. Elizabeth Warren and colleagues demand to see Binance\u2019s balance sheets &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvYzczMTJlYTgtZmQ5ZC00MzkzLWEzZDItYjQxZGU1OGQ2ZDhmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>Three United States senators led by Elizabeth Warren have sent a letter to Binance CEO Changpeng \u201cCZ\u201d Zhao and Binance.US CEO Brian Shroder expressing concern over a number of facets of Binance\u2019s activities and requesting information from the companies that includes their balance sheets.\u00a0<\/p>\n<p>Crypto skeptic Warren\u2019s cosigners were fellow Democrat Chris Van Hollen and Republican Roger Marshall. They claimed there is evidence that the companies attempted to evade U.S. regulators, evade sanctions and facilitated the laundering of at least $10 billion, and lack transparency. <\/p>\n<p>\u201cWhat little information about Binance\u2019s finances is available to the public suggests that the exchange is a hotbed of illegal financial activity,\u201d the senators wrote, concluding: <\/p>\n<blockquote><p>\u201cYour companies\u2019 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>arent attempts at evading the enforcement of anti-money laundering laws, securities laws, information reporting requirements, and other financial regulations cast serious doubt on the stability and legitimacy of Binance and its related entities, and on your commitment to your customers.\u201d <\/p><\/blockquote>\n<p>The senators requested documents and other information. At the top of the list is \u201call Binance and Binance subsidiary balance sheets from 2017 to the present.\u201d In addition, they ask for copies of Anti-Money Laundering and similar policies, documentation of the relationship between Binance and Binance.US and other information, as well as explanations of various <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> reports. They gave the addressees two weeks to respond. <\/p>\n<p><strong><em>Related: Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi<\/em><\/strong><\/p>\n<p>As the letter made clear in its 59 footnotes, Binance has been the object of intense press scrutiny and a certain amount of negative speculation. CZ, a prolific tweeter, has responded to some reports personally. It was reported in February that Binance was preparing to settle outstanding regulatory and law-enforcement issues in the United States and would possibly be subject to penalties.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A bipartisan group of senators\u2014Warren, Van Hollen and Marshall\u2014accused the world\u2019s largest crypto exchange, Binance, of being \u201ca hotbed of illegal financial activity\u201d and asked the company to respond to a list of questions. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1JNCluT1b0\">https:\/\/t.co\/1JNCluT1b0<\/a><\/p>\n<p>\u2014 Paul Kiernan (@pkwsj) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/pkwsj\/status\/1631299539968614403?ref_src=twsrc%5Etfw\">March 2, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sen-elizabeth-warren-and-colleagues-demand-to-see-binance-s-balance-sheets\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Sen. Elizabeth Warren and colleagues demand to see Binance\u2019s balance sheets &#8220; Three United States senators led by Elizabeth Warren have sent a letter to Binance CEO Changpeng \u201cCZ\u201d Zhao and Binance.US CEO Brian Shroder expressing concern over a number of facets of Binance\u2019s activities and requesting information from the companies that includes their&#8230;<\/p>\n","protected":false},"author":1,"featured_media":558782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2023-03\/c7312ea8-fd9d-4393-a3d2-b41de58d6d8f.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,70934,70289],"class_list":["post-558781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-regulation","tag-senate"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/558781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=558781"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/558781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/558782"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=558781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=558781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=558781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}