Testimony
Testimony
Testimony
__________________________________________
SECURITIES AND EXCHANGE )
COMMISSION, )
)
Plaintiff, )
)
v. ) Civil Action No. _______
)
BINANCE HOLDINGS LIMITED, )
BAM TRADING SERVICES INC., )
BAM MANAGEMENT US HOLDINGS )
INC., AND CHANGPENG ZHAO, )
)
Defendants. )
__________________________________________)
I, Sachin Verma, declare the following pursuant to Title 28, United States
forth herein is based upon my personal review of financial records such as bank
statements, deposits, cancelled checks, wire transfers, signature cards, and other
Signature Bank, FedWire and other parties pursuant to subpoenas and document
financial records in this Declaration may change based on additional information that
may be produced at a later date.1 I have cited to bates stamped document where
3. During the period from April 18, 2019 to April 5, 2023 (the “Relevant
Period”), the corporate Defendants and many other corporate entities owned by
Defendant Zhao held numerous accounts with two banks in the United States--
designed to enable their digital currency and institutional investor customers to send
U.S. dollars and euros 24 hours a day between their accounts and the accounts of
other bank customers. Silvergate promoted its SEN network as “Real-time USD and
EUR settlement between counterparties, used by some of the largest exchanges in the
world,” and “enabling near real-time transfers and immediate availability of funds.”
its commercial clients to make payments in U.S. dollars 24 hours a day, and
“transactions made on the Signet Platform settle in real time, are safe and secure and
2
1
Given the volume of the documents, they are not being attached, but can made
available upon the Court’s request to the SEC’s counsel of record.
2
Wayback Machine for January 2023: Signet | Signature Bank (archive.org);
Wayback Machine December 2022: Silvergate Exchange Network Solutions |
Silvergate Bank | San Diego (archive.org).
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 3 of 27
Inc., Binance (Switzerland) AG, Sigma Chain AG, Merit Peak Limited, and Key
network.
Management Inc., BAM Management US Holdings Inc., BAM Trading Services Inc.,
and Merit Peak Limited. Dozens of other Binance and non-Binance entities, all
beneficially owned by Zhao, also held accounts at Signature Bank. Many of these
including through SEN and Signet accounts described above. Attachments 2 and 3
summarize the corporate domicile, the beneficial owner, officers and signatories
SILVERGATE ACCOUNTS
3
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 4 of 27
and the number of employees was disclosed as “1000 (Binance).” The nature of
exchange digital assets. The expected funds flow activity was described as
“Deposits: Fiat is wired to bank account, transfer fee paid at this point, Fiat
exceeded $13 billion (or $11 billion if internal transfers between Key Vision
accounts at Silvergate Bank are excluded). Nearly all of the funds deposited
into Key Vision accounts were transferred to an account in the name of Merit
its business was described as OTC desk and proprietary trading of digital
4
3
BHL-SEC-BUSD-0021710.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 5 of 27
d. Between 2019 and 2021, Merit Peak accounts received $22 billion,
including approximately $11 billion from Key Vision, $7.2 billion from other
Binance entities, and $1.2 billion from BAM Trading. Merit Peak paid most of
SIGMA CHAIN
million, including $184 million from Binance Holdings Limited, $145 million
5
4
SEC-SGB-E-0022457.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 6 of 27
from BAM Trading, $36 million from Binance Capital Management, and $15
million from Key Vision. During that period, Sigma Chain paid $494 million,
(Switzerland) AG, $32 million to Guangying Chen, and $10 million to Simpson
6
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 7 of 27
owned by Zhao.5 The last transaction date is February 22, 2023. Between
BAM Management US Holdings, Inc.6 Between 2019 and 2023, deposits and
withdrawals for these accounts exceeded $11 billion. It received $4 billion from
Prime Trust, $2.4 billion from Wintermute, $760 million from Subspace
Capital LLC, $424 million from Coinbase, $380 million from KBIT Global, $349
million from Auros Tech Limited, $326 million from Tagomi Trading LLC, $318
million from Alameda Research Ltd Debtor in Possession, $160 million from
Sigma Chain, $27 million from BAM Management Holdings, and $5 million
from Merit Peak Limited. It sent $3.3 billion to Wintermute Trading, Limited,
$1.5 billion to Alameda Research Ltd Debtor in Possession, $1.2 billion to Merit
Peak Limited, $924 million to Auros Tech Limited, $683 million to Subspace
Capital LLC, $665 million to KBIT Global Limited, $145 million to Sigma
Chain.
BINANCE (SWITZERLAND) AG
by Zhao.7 This account was closed in February 2023. Between 2019 and 2023,
deposits and withdrawals for this account exceeded $300 million, most of which
was received from Binance Holdings Limited, and paid out to a variety of
7
5
BHL-SEC-BUSD-0220886.
6
BTS00462320.
7
SEC-SGB-E-0022453.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 8 of 27
account, $131 million from Sigma Chain, $95 million from Merit Peak Limited,
$5 million from Key Vision, and $17 million from Binance Capital Management
Co. Limited, and paid approximately $4.2 billion to Merit Peak, $442 million to
(Switzerland) AG, $184 million to Sigma Chain, and $29 million to Key Vision.
8
8
SEC-SGB-E-0022398.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 9 of 27
2023, deposits and withdrawals for these accounts exceeded $480 million,
Holdings.
the transfer of funds to be completed by February 22, 2023, at which point the
9
9
SEC-SGB-E-0022071.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 10 of 27
accounts would be closed. As of March 31, 2023, all of the accounts had zero
balances.
SIGNATURE ACCOUNTS
10. Many of the foregoing companies also held accounts at Signature Bank.
beneficially owned by Zhao. Between 2022 and 2023, deposits and withdrawals
million.
period.
Between 2020 and 2023, deposits and withdrawals exceeded $5.6 billion.
beneficially owned by Zhao. Between 2021 and 2023, deposits and withdrawals
owned by Zhao. Between 2020 and 2022, deposits and withdrawals were
SWIPEWALLET EU OU $1,237,000,000
11
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 12 of 27
employee, with Zhao as the listed beneficial owner, and Guangying Chen as the
name. Other companies do not bear the Binance name, but accounts were
opened in the same fashion, listing Zhao as the beneficial owner and
Guangying Chen as the signatory. Their links to Binance are consistent with a
12
10
BHL-SEC-BUSD-0289617.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 13 of 27
SIGNIFICANT TRANSFERS
11. Binance Holdings Limited and Binance Capital Management show large
deposits and withdrawals from and to Signature accounts for some Zhao-owned
state that Bifinity UAB is in the business of “provid[ing] revenue collection for
account received $3 billion from Bifinity and $1.8 billion from WorldPay,12
making up the majority of deposits for the year. That money was transferred
in 2021 out of Binance Holdings Limited to Merit Peak in direct wires for $2.5
13
11
SIGB-H-0001-00000063.
12
WorldPay is a payments processing company that purports to provide Crypto
trading platforms with the ability to move fiat money in and out of cryptocurrency.
[https://www.protocol.com/fintech/worldpay-crypto-payments]. WorldPay paid
Binance Holdings Limited $1.76 billion in 2021.
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 14 of 27
entities thereafter paid $62.5 million to a personal account held by Zhao, and
14
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 15 of 27
account held by Binance AP Holdings which was then wired out to the
company owned by Guangying Chen that same day, transfers that are
summarized here:
‐ Sub-total $911,000,000
To Binance Capital Management Co. Ltd. 697,000,000
Signature Bank Account
To Zhao-owned companies
‐ Binance Investments Co. Ltd. 162,000,000
Signature Bank Account
15
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 16 of 27
‐ Other $13,695,750
‐ Sub-total $415,095,750
16
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 17 of 27
Merit Peak’s accounts. For example, in 2021, funds from Key Vision ($11.05 billion),
Prime Trust ($1.1 billion) (through BAM Trading) and Bifinity UAB ($6.3 billion)
(through Binance Holdings Limited) were transferred to Merit Peak and Merit Peak
transferred all of that money as part of its transfers of almost $20 billion to a foreign
accounts held at Silvergate Bank and Signature Bank show large amounts of money
17
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 18 of 27
flowing in and out of the accounts. The large incoming credits are followed by
outgoing debits within days, with the result that the accounts maintain a relatively
accounting for most of monthly credits, and most of those credits are debited to
transfers. In February 2022, for example, the account has a beginning balance of
$7.6M and an ending balance of $7.7M, but in that month $20 million was deposited
from another Binance Holdings account, $11M was wired to Binance Switzerland AG,
15. This pattern of money flow repeats over months, as summarized here:
Month Op Bal U$ Credits # Credits US$ Debits # Debits US$ Cl Bal US$
Jun‐19 $0.00 2 $500,100.00 4 $10,100.00 $489,990.00
Jul‐19 $489,990.00 1 $1,000,000.00 18 $984,795.78 $505,194.22
Aug‐19 $505,194.22 0 $0.00 30 $285,127.80 $220,066.42
Sep‐19 $220,066.42 4 $1,234,385.00 78 $880,946.78 $573,504.64
Oct‐19 $573,504.64 8 $1,017,019.00 38 $1,221,165.05 $369,358.59
Nov‐19 $369,358.59 6 $2,029,321.10 126 $1,414,107.41 $984,572.28
Dec‐19 $984,572.28 14 $843,123.60 86 $1,118,487.47 $709,208.41
Jan‐20 $709,208.41 32 $4,125,860.47 110 $2,393,223.98 $2,441,844.90
Feb‐20 $2,441,844.90 24 $13,198,338.39 128 $3,269,227.65 $12,370,955.64
18
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 19 of 27
Month Op Bal U$ Credits # Credits US$ Debits # Debits US$ Cl Bal US$
Mar‐20 $12,370,955.64 38 $38,782,117.78 116 $38,403,462.96 $12,749,610.46
Apr‐20 $12,749,610.46 32 $37,816,051.50 104 $33,842,419.03 $16,723,242.93
May‐20 $16,723,242.93 29 $15,676,090.45 106 $19,467,858.76 $12,931,474.62
Jun‐20 $12,931,474.62 90 $40,970,092.70 104 $20,622,814.43 $33,278,752.89
Jul‐20 $33,278,752.89 80 $49,078,856.96 122 $24,545,274.51 $57,812,335.34
Aug‐20 $57,812,335.34 68 $96,371,547.65 145 $93,282,559.04 $60,901,323.95
Sep‐20 $60,901,323.95 44 $123,915,287.67 116 $95,746,400.45 $89,070,211.17
Oct‐20 $89,070,211.17 31 $55,147,022.33 166 $20,301,712.96 $123,915,520.54
Nov‐20 $123,915,520.54 35 $62,021,156.50 146 $81,150,012.04 $104,786,665.00
Dec‐20 $104,786,665.00 20 $91,943,354.54 175 $129,090,458.91 $67,639,560.63
Jan‐21 $67,639,560.03 26 $183,316,090.57 143 $182,693,697.50 $68,261,953.70
Feb‐21 $68,261,953.70 22 $156,404,925.86 111 $174,525,739.29 $50,141,140.27
Mar‐21 $50,141,140.27 13 $445,542,017.62 157 $390,911,068.29 $104,772,089.60
Apr‐21 $104,772,089.60 13 $730,177,804.24 181 $727,463,722.90 $107,486,170.94
May‐21 $107,486,170.94 19 $607,146,622.44 155 $699,651,009.08 $14,981,784.30
Jun‐21 $14,981,784.30 22 $1,345,148,277.92 190 $1,356,483,954.81 $3,646,107.41
Jul‐21 $3,646,107.41 11 $689,091,808.59 175 $653,516,941.58 $39,220,974.42
Aug‐21 $39,220,974.42 10 $201,614,930.58 141 $194,182,505.70 $46,653,399.30
Sep‐21 $46,653,399.30 8 $131,746,373.38 138 $162,680,683.28 $15,719,089.40
Oct‐21 $15,719,089.40 14 $182,695,791.41 141 $176,397,036.13 $22,017,844.68
Nov‐21 $22,017,844.68 12 $170,671,158.88 124 $178,499,424.54 $14,189,579.02
Dec‐21 $14,189,579.02 20 $213,074,672.89 112 $220,832,010.62 $6,432,241.29
Jan‐22 $6,432,241.29 8 $125,131,745.39 95 $123,952,326.66 $7,611,660.02
Feb‐22 $7,611,660.02 5 $20,094,477.98 85 $19,944,633.00 $7,761,505.00
Mar‐22 $7,761,505.00 10 $63,055,614.46 118 $68,472,212.11 $2,344,907.35
Apr‐22 $2,344,907.35 8 $30,082,889.11 71 $26,153,168.03 $6,274,628.43
May‐22 $6,274,628.43 6 $20,029,852.77 96 $25,375,756.65 $928,724.55
Jun‐22 $928,724.55 7 $30,117,791.61 86 $25,600,996.25 $5,445,519.91
Jul‐22 $5,445,519.91 5 $75,001,495.75 70 $72,794,948.93 $7,652,066.73
Aug‐22 $7,652,066.73 4 $35,029,287.89 109 $33,437,711.77 $9,243,642.85
Sep‐22 $9,243,642.85 9 $30,207,449.20 114 $30,444,908.01 $9,006,184.04
Oct‐22 $9,006,184.04 4 $35,006,000.00 105 $31,721,664.67 $12,290,519.37
Nov‐22 $12,290,519.37 10 $23,711,567.49 66 $35,520,037.16 $482,049.70
Dec‐22 $482,049.70 13 $42,446,512.27 56 $42,533,743.53 $394,818.44
Jan‐23 $394,818.44 14 $26,595,081.18 50 $26,833,171.71 $156,727.91
Feb‐23 $156,727.91 15 $22,171,640.58 38 $22,323,256.39 $5,112.10
16. At times the amounts being credited and debited during a single month
amounts to movement of more than a billion dollars. For example, in July 2021, one
Signature Bank Binance Holdings account shows a starting balance of $468 million,
million. Incoming wires come from WorldPay and are paid out to Merit Peak,
19
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 20 of 27
another Binance Holdings account and other assorted payments in wires ranging
the following:
Month Op Bal U$ Credits # Credits US$ Debits # Debits US$ Cl Bal US$
20
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 21 of 27
Month Op Bal U$ Credits # Credits US$ Debits # Debits US$ Cl Bal US$
million on deposit. During that same time frame, $840 million was deposited into,
and $899 million was withdrawn, from those accounts. At the end of March, those
accounts had a zero balance except for one account with $180,000. Between January
and March 2023, multiple Binance accounts paid Binary Technology Development
Private Limited more than $162 million in offshore wires, as summarized here:
21
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 22 of 27
$162,346,596
19. As of May 27, 2023 all of these accounts have been closed or have a $0
balance.
I declare under penalty of perjury under the laws of the United States of
______________________________
Sachin Verma
22
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 23 of 27
Attachment 1
Bank Account Activity in select Binance related accounts at Silvergate Bank and Signature Bank
Bank Entity Account Deposits # Deposits US$ Withdrawals # Withdrawals US$ First Transaction Date Last Transaction Date
Silvergate Bank BINANCE HOLDINGS LIMITED xxxxxx6709 866 $6,270,981,606 4,845 $6,270,976,494 6/13/2019 2/22/2023
Silvergate Bank BINANCE HOLDINGS LIMITED xxxxxx6717 34 $146,203,978 26 $146,203,978 6/21/2019 8/24/2020
$6,417,185,584 $6,417,180,472
Signature Bank BINANCE HOLDINGS LIMITED xxxxxx5685 464 $11,795,340,667 393 $11,513,836,918 4/27/2020 10/28/2022
Signature Bank BINANCE HOLDINGS LIMITED xxxxxx7894 31 $464,452,500 291 $463,936,859 12/17/2021 10/27/2022
$12,259,793,167 $11,977,773,777
Silvergate Bank BINANCE CAPITAL MANAGEMENT CO LTD xxxxxx1220 145 $484,131,038 2,080 $483,131,038 2/24/2020 2/22/2023
Signature Bank Binance Capital Management Co. LTD xxxxxx7217 11 $17,196,736 150 $17,196,736 8/13/2021 1/25/2023
Signature Bank Binance Capital Management Co. LTD xxxxxx7908 61 $904,981,456 308 $904,981,456 12/29/2021 3/20/2023
$922,178,192 $922,178,192
Silvergate Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx7846 47 $276,818,473 30 $276,818,473 3/22/2022 2/3/2023
Silvergate Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx4563 339 $260,852,762 2,801 $260,852,762 4/30/2019 2/22/2023
Silvergate Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx9810 6 $9,500,000 6 $9,500,000 1/22/2020 7/20/2020
Silvergate Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx7853 21 $586 83 $586 8/17/2022 2/22/2023
$547,171,821 $547,171,821
Signature Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx0684 24 $336,763,392 24 $336,094,401 5/24/2022 4/4/2023
Signature Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx8310 34 $13,436,798 316 $12,704,912 1/24/2023 4/5/2023
Signature Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx3338 2 $453 1 $453 2/3/2023 3/30/2023
Signature Bank BAM MANAGEMENT US HOLDINGS INC xxxxxx3346 1 $92 1 $92 2/22/2023 3/30/2023
$350,200,735 $348,799,857
Silvergate Bank BAM TRADING SERVICES INC. SEN ACCOUNT xxxxxx3432 22,629 $10,069,945,157 22,989 $10,069,945,157 7/2/2020 2/21/2023
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx1295 17,886 $625,601,386 12,260 $625,601,386 8/26/2021 2/22/2023
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx6245 904 $479,138,011 14,410 $479,138,011 8/26/2021 3/6/2023
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx1113 979 $463,137,117 5,877 $463,137,117 12/30/2019 2/22/2023
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx7416 259 $33,718,466 7 $33,718,466 1/21/2022 2/9/2023
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx1377 7 $6,750,000 3 $83,192 9/22/2021 3/6/2023
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx1121 2 $1,000,100 ‐ $0 12/30/2019 2/3/2023
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 24 of 27
Silvergate Bank BAM TRADING SERVICES INC. xxxxxx3424 2 $526 4 $526 9/29/2020 2/3/2023
$11,679,290,764 $11,671,623,856
Signature Bank BAM TRADING SERVICES INC. xxxxxx5315 28 $230,931,536 382 $229,250,897 11/25/2019 4/5/2023
Signature Bank BAM TRADING SERVICES INC. xxxxxx2547 135 $191,814,339 243 $187,670,282 10/21/2022 4/5/2023
Signature Bank BAM TRADING SERVICES INC. xxxxxx2555 208 $45,404,285 4 $39,100,000 7/27/2022 4/4/2023
Signature Bank BAM TRADING SERVICES INC. xxxxxx5323 185 $30,888,393 238 $27,789,032 5/31/2022 4/4/2023
Signature Bank BAM TRADING SERVICES INC. xxxxxx5331 7 $15,139,830 5 $15,139,593 5/31/2022 4/4/2023
Signature Bank BAM TRADING SERVICES INC. xxxxxx7211 4 $6,005,270 2 $5,270 11/1/2022 4/4/2023
Signature Bank BAM TRADING SERVICES INC. (Collateral Account) xxxxxx6907 2 $1,238,101 1 $238,001 12/12/2019 4/4/2023
$521,421,755 $499,193,075
Silvergate Bank Merit Peak Limited xxxxxx5271 1,122 $21,947,605,072 882 $21,947,605,072 4/18/2019 12/8/2021
Silvergate Bank Merit Peak Limited xxxxxx5263 230 $287,729,139 190 $287,729,139 5/20/2019 12/7/2021
$22,235,334,211 $22,235,334,211
Signature Bank MERIT PEAK LIMITED xxxxxx3512 1 $100 1 $100 5/6/2021 2/17/2023
Silvergate Bank KEY VISION DEVELOPMENT LIMITED xxxxxx5981 7,323 $11,288,369,703 408 $11,288,369,703 9/30/2020 6/18/2021
Silvergate Bank KEY VISION DEVELOPMENT LIMITED xxxxxx6500 197,206 $2,086,776,079 43,183 $2,086,776,079 10/16/2020 7/23/2021
$13,375,145,782 $13,375,145,782
Signature Bank KEY VISION DEVELOPMENT LIMITED xxxxxx6221 512,239 $5,366,444,576 134,836 $5,366,444,576 8/10/2021 2/13/2023
Signature Bank KEY VISION DEVELOPMENT LIMITED xxxxxx9952 1 $500 ‐ $0 8/19/2020 8/19/2020
Signature Bank KEY VISION DEVELOPMENT LIMITED xxxxxx6795 9 $250,017,808 17 $250,000,000 1/4/2022 4/13/2022
$5,616,462,884 $5,616,444,576
Silvergate Bank SIGMA CHAIN AG xxxxxx6683 168 493,632,676 664 493,627,065 6/13/2019 2/22/2023
Silvergate Bank BINANCE (SWITZERLAND) AG xxxxxx6667 135 $308,644,449 702 $308,644,448 6/13/2019 2/22/2023
Attachment 2
Select Information from Silvergate Bank Account Opening and Corporate Documents
* At least for one of several acocunts and for some points during the relevant period
Case 1:23-cv-01599-ABJ Document 21 Filed 06/07/23 Page 26 of 27
Attachment 3
Select Information from Signature Bank Account Opening and Corporate Documents
Corporate
Entity Domicile Accounts Beneficial Owner Principal Officers* Bank Accounts Signatory*
Binance Holdings Cayman Islands xxxxxx5685 Changpeng Zhao Guangying Chen Guangying Chen
Limited xxxxxx7894 Kaiser Ying Kit NG
xxxxxx5693
Binance Capital British Virgin xxxxxx7908 Changpeng Zhao Guangying Chen Guangying Chen
Management Islands xxxxxx7217 Kaiser Ying Kit NG
Company Limited
BAM Management US Delaware xxxxxx0684 Changpeng Zhao William Plon
Holdings, Inc. xxxxxx8310 Jasmine Lee
xxxxxx3338 Brian Shroder
xxxxxx3346
BAM Trading Services, Delaware xxxxxx5315 Changpeng Zhao Guangying Chen
Inc. xxxxxx2547 Catherine Coley
xxxxxx2555 William Plon
xxxxxx5323 Jasmine Lee
xxxxxx5331
xxxxxx7211
xxxxxx6907
Bifinity UAB (fka Lithuania xxxxxx9360 Changpeng Zhao Changpeng Zhao
Binance UAB) xxxxxx7924 Guangying Chen
xxxxxx8615 Kaiser Ying Kit NG
xxxxxx8381 Saulius Galatiltis
Merit Peak Limited British Virgin xxxxxx3512 Changpeng Zhao Guangying Chen
Islands xxxxxx3520
Key Vision Seychelles xxxxxx6221 Changpeng Zhao Guangying Chen
Development Limited xxxxxx9952
xxxxxx6795
SWIPEWALLET EU OU Estonia xxxxxx7878 Changpeng Zhao Guangying Chen
xxxxxx7886 (80%) Kaiser Ying Kit Ng
xxxxxx7319 Joselito Lizarondo
xxxxxx7327
Cyber Shaft Enterprise Virgin Islands xxxxxx7993 Changpeng Zhao Kaiser Ying Kit Ng
Limited (UK)
Binary Technology Singapore xxxxxx1441 Guangying Chen Guangying Chen
Development PTE Adrian Rhui Keong
Limited Darren Makarem
Binance Investment Seychelles xxxxxx2361 Changpeng Zhao Guangying Chen
Company Limited
Prime Link Virgin Islands xxxxxx7225 Changpeng Zhao Guangying Chen
Management Limited (UK) xxxxxx7916 Kaiser Ying Kit NG
Binance Holdings (IE) Ireland xxxxxx7139 Changpeng Zhao Kaiser Ying Kit Ng
Limited
Binance Technologies Ireland xxxxxx2030 Changpeng Zhao Guangying Chen
Limited Kaiser Ying Kit NG
* At least for one of several acocunts and for some points during the relevant period