BINANCE FACES THE HEAT IN SOUTH KOREA OVER FROZEN $106M GOPAX GOFI FUNDS
https://media.zenfs.com/en/99bitcoins_us_315/ddedcb3dbe9b499c4ecf7eacd7da20be
✍️ Binance is facing scrutiny in South Korea over its acquisition of GOPAX and its handling of frozen funds from GOPAX's GoFi fund, which affected around 3000 users.
👉 Binance acquired GOPAX in 2023 👉 GOPAX's GoFi fund froze around $106 million in consumer funds after FTX's collapse in 2022 👉 Binance is under pressure to pay back investors affected by the fund's collapse 👉 The acquisition has sparked political debates in South Korea 👉 Some are questioning the timing of the deal 👉 Others are raising concerns about Binance's alleged ties to the Cambodian Prince Group
-- #MinByung-dug #LeeEog-won #KimJae-sun #ChangpengZhao(CZ) #CJHetherington #SouthKorea #Cambodia #US #technology
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