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Binance CEO Denies ‘Tai Chi’ Bitcoin Regulation Evasion Scheme

Binance CEO Denies ‘Tai Chi’ Bitcoin Regulation Evasion Scheme – Decrypt

Binance CEO Changpeng “CZ” Zhao took to Twitter to deny a Forbes report alleging that Binance, the world’s top cryptocurrency exchange, had created an “elaborate corporate structure designed to intentionally deceive regulators and surreptitiously profit from crypto investors in the United States.” Forbes reporting hinges on a leaked document from 2018 “thought to be created by” Binance executives.