Earlier this morning many news sources were reporting that the popular exchange Binance was being issued a warning by the Japan Financial Services.
Which saw Bitcoin a drop from 9,000 USD to 8,700 USD in a short time frame thanks to the news. This was just proven to be false information by the Binance Founder. This is just one of the many recent attempts to spread FUD about the popular exchange.
Nikkei showed irresponsible journalism. We are in constructive dialogs with Japan FSA, and have not received any mandates. It does not make sense for JFSA to tell a newspaper before telling us, while we have an active dialog going on with them.
— CZ (not giving crypto away) (@cz_binance) March 22, 2018
Binance has proven again and again that they are one of the most trustworthy centralized exchange services currently available.
The new article had stated that if Binance didn’t comply with the request the FA was going to push criminal charges in collaboration with the authorities. But all this has been proven to be false information.
Busy scrubbing all the dodgy transactions they have been involved in. Market manipulation, money laundering…
Covering their tracks and bleaching away evidence.