“Binance has made investments into countless American companies both directly and through Binance Labs,” Patrick Hillmann, the company’s chief communications officer, said Friday. “Binance has never been the subject of an inquiry officially or unofficially by CFIUS.” He added: “Binance is a Canadian company owned wholly by a Canadian citizen. The xenophobia underlying the very nature of us receiving [a question about CFIUS concerns] is almost as shocking as the violation of confidentiality” represented by information leaking from the bankruptcy auction.
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Written by Bankerage Published on September 16, 2022