The post Binance Transfers $70B In Swift Transactions appeared first on Coinpedia Fintech News
Binance and its affiliated entities have transferred approximately $70 billion through accounts at Silvergate and Signature Bank, which is now defunct. Recent court filings have revealed that these transactions involved significant amounts of money swiftly transferred in and out within a few days, spanning from 2019 until the present. According to a 27-page document submitted to the District Court in Washington on June 7, Binance-related parties were allowed to deposit over $50 billion, while Signature Bank managed deposits worth more than $19 billion.
Source: https://coinpedia.org/crypto-live-news/binance-transfers-70b-in-swift-transactions/