The Cooperation between Binance and Dubai National Sovereignty Fund will Ultimately End Up in Failure

Translated by: MOS Education Group – Angelina

Recently, financial supervisory instructions of more than ten countries sent warnings to Binance clients regarding Binance’s illegal registration and authorization. According to a former Binance senior executive, the U.S. Department of Justice and SEC are investigating Binance unlawful conduct. With increasing financial regulatory pressure, Changpeng Zhao, founder and CEO of Binance has been seeking cooperation and share exchanges from sovereignty funds. 

According to a former Binance senior executive, the U.S. Department of Justice and SEC are investigating Binance unlawful conduct.

Nov. 26, in Miles Guo’s Grand Live Broadcast, he revealed Changpeng Zhao is seeking cooperation with the Abu Dhabi Investment Authority (ADIA), a National Sovereign Fund led by Dubai. The ADIA will lose all the wealth if it cooperates with Binance, soon going bankrupt for sure. To make things worse, CCP will force Dubai to submit all Binance capital with the threat of China’s strategic partnership termination. 

Directly led by Wang, Qishan, the current Vice President of China, Changpeng Zhao attacked the Himalaya exchange, hoping the CCP not completely rob Binance’s capital. Before this, CCP has looted Binance six times. Binance and Changpeng Zhao are destined to fail under the evil hands of the CCP. And all the wealth of Binance investors and clients will be undoubtedly deprived by CCP. 

Proofread by: Wenfei

Edited by: Wenfei

Posted by: Wenfei

Reference:https://gnews.org/zh-hant/1703599/

Disclaimer: This article only represents the author’s view. Gnews is not responsible for any legal risks.

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