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Binance denies China ties, says it started relocating staff out of China in 2021

Binance denies China ties, says it started relocating staff out of China in 2021

The Financial Times reported on Wednesday that Binance Chief Executive Officer Changpeng Zhao and other senior executives directed employees to conceal the company’s presence in China, and that the company had a mainland office that was active until 2019.

A Binance spokesperson said on Thursday in an emailed statement that it is unfortunate that “anonymous sources are citing ancient history (in crypto terms) and dramatically mischaracterizing events.”

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