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Binance vs. SEC: Crypto industry debates ‘Tai Chi’ vs. ‘Operation Chokepoint 2.0’The “Tai chi” reference comes from a 2020 Forbes report alleging that Binance had incorporated a series of steps to evade regulators in the U.S., labeling it a “Tai Chi entity.” According to the regulator, binance has been mixing “billions of dollars” in user assets and covertly moving them to a different firm under cz_binance’s control.
Source: Cointelegraph - 🏆 562. / 51 Read more »