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Binance# $6 BILLION STOLEN. THE BIGGER THREAT: BLACKMAIL.
The FBI attributed a massive crypto theft to North Korean hackers. But NFSC intelligence points to a CCP staged hack concealing money laundering.
Since 2021, Miles Guo has repeatedly revealed claims that Binance handed all clients’ financial data to the CCP, enabling persecution and asset seizures targeting tens of thousands of Chinese clients.
He called Binance “the CCP’s financial time bomb planted in the West,” revealing what he described as an overseas intelligence and money-laundering platform built by CCP kleptocrats. Guo identified four alleged major sources of money laundering through Binance: China. Russia. Wall Street. Organized crime.
In 2023, Binance pleaded guilty and agreed to $4.3 BILLION in penalties.
The ultimate national-security nightmare? Beijing obtaining America's power brokers' financial secrets—weaponizing hidden transactions for blackmail, coercion, and political control.