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<ul class="news-points"> 
 <li>Austin Campbell emphasized the differences between the “historical and current state of Binance.”</li> 
 <li>John Deaton asserted that Zhao’s plea deal, despite being a difficult choice, was the only choice.&nbsp;</li> 
 <li>Campbell expressed expectations of increased DOJ oversight if Binance continues to operate.</li> 
</ul> 
Austin Campbell, founder and managing partner of Zero Knowledge Consulting, <a href="https://x.com/CampbellJAustin/status/1727037469479096498?s=20" target="_blank" rel="nofollow">highlighted</a> the difference between the “current Binance and the historical Binance.” Campbell claimed that Binance before 2021 had ineffective controls and Know Your Customer (KYC) and Anti-Money Laundering (AML) issues.&nbsp; 
According to Campbell, Binance after 2021 was responsive to law enforcement and imposed “much tighter” KYC/AML regulations. Moreover, more executives who were well-experienced in the crypto space were involved.&nbsp; 
“The Binance of 2023 is not the Binance of 2018,” said Campbell. However, he stated that Binance is viewed today “through the past lens.”&nbsp; 
Recently, <a href="https://coinedition.com/tag/Changpeng-Zhao/">Changpeng Zhao</a> resigned from his position as CEO of Binance and pleaded <a href="https://coinedition.com/zhao-pleads-guilty-steps-down-as-binance-ceo-in-4-3bn-settlement/">guilty</a> to violating U.S. AML requirements. The plea deal involved preserving the company’s ability to continue operations.&nbsp; 
Moreov…
The post <a href="https://coinedition.com/austin-campbell-distinguishes-between-historical-and-current-binance/">Austin Campbell Distinguishes Between ‘Historical and Current Binance’</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Austin Campbell Distinguishes Between ‘Historical and Current Binance’

Coin Edition

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