What We Are Investigating?
Our firm is launching a comprehensive investigation into Binance over allegations that it has been suppressing critical reviews and unfavorable Google search results by fraudulently misusing DMCA takedown notices. These actions, if proven, could constitute serious legal violations—including impersonation, fraud, and perjury.
We conducted comprehensive analyses of fraudulent copyright takedown requests, meritless legal complaints, and other unlawful efforts to suppress public access to critical information. Our reporting sheds light on the prevalence and modus operandi of a structured censorship network, often funded and used by criminal enterprises, oligarchs and criminal entities seeking to manipulate public perception and bypass AML checks conducted by financial organisations.
The fake DMCA notices in this investigation appears to have been strategically deployed to remove negative content from Google search results illegally. Based on this pattern, we have reasonable grounds to infer that Binance - or an entity acting at its behest - is directly or indirectly complicit in this cyber crime.
In most such cases, such ops are executed by rogue, fly-by-night 'Online Reputation Management' agencies acting on behalf of their clients. If evidence establishes that the subject knowingly benefited from or facilitated this scam, it may be deemed an 'accomplice' or an 'accessory' to the crime.
What are they trying to censor
Binance, the world’s largest cryptocurrency exchange by trading volume, has faced a barrage of allegations, red flags, and adverse news over the years, raising serious concerns about its operations, compliance, and ethical practices. These issues have significantly tarnished its reputation, prompting questions about its willingness to suppress damaging information, even if it means engaging in illicit activities.
Major Allegations and Red Flags:
- Regulatory Violations and Evasion: Binance has been accused of operating without proper licenses in multiple jurisdictions, including the US, UK, Japan, and others. Regulatory bodies have criticized the platform for failing to implement robust anti-money laundering (AML) and know-your-customer (KYC) protocols, making it a potential hub for illicit activities.
- Facilitation of Illicit Transactions: Investigations have revealed that Binance processed transactions linked to criminal activities, including money laundering, ransomware payments, and darknet markets. A 2022 Reuters investigation alleged that Binance processed over $2.35 billion in illicit funds between 2017 and 2021.
- Market Manipulation: Critics have accused Binance of engaging in or enabling market manipulation, including wash trading and insider trading. The exchange has also faced scrutiny over its relationship with market makers and its role in listing low-quality tokens.
- Lack of Transparency: Binance has been criticized for its opaque corporate structure, with its headquarters remaining undisclosed for years. This lack of transparency has fueled suspicions about its operations and compliance with global regulations.
- Misleading Investors: The exchange has faced allegations of misleading investors about the risks associated with certain products, such as leveraged tokens and futures trading, leading to significant losses for retail users.
- Cybersecurity Concerns: Binance has suffered multiple high-profile hacks, including a $40 million breach in 2019, raising questions about its ability to safeguard user funds.
- Pressure on Critics and Journalists: Reports suggest that Binance has used legal threats and intimidation tactics to silence critics, journalists, and researchers investigating its practices.
Impact on Binance’s Reputation:
These allegations have severely damaged Binance’s reputation, portraying it as a platform that prioritizes profit over compliance, security, and ethical conduct. The exchange’s perceived disregard for regulatory norms and its association with illicit activities have eroded trust among users, institutional investors, and regulators. This reputational harm could lead to decreased trading volumes, loss of partnerships, and increased regulatory scrutiny.
Why Binance Would Want to Suppress Damaging Information:
Binance’s survival and growth depend on maintaining user trust and regulatory compliance. Negative stories about its operations could lead to stricter regulations, fines, or even bans in key markets. By suppressing such information, Binance could avoid reputational damage, maintain its market dominance, and continue operating with minimal oversight. However, resorting to cybercrime to achieve this—such as hacking, doxxing, or deploying disinformation campaigns—would not only be illegal but also further undermine its credibility.
In conclusion, Binance’s alleged misconduct and the adverse news surrounding it highlight systemic issues within the cryptocurrency industry. While the exchange may seek to control the narrative, its long-term success hinges on addressing these concerns transparently and ethically, rather than attempting to silence its critics through illicit means.
- https://lumendatabase.org/notices/44302647
- https://lumendatabase.org/notices/41263350
- https://lumendatabase.org/notices/30335067
- September 03, 2024
- May 2, 2024
- January 17, 2023
- David Mazaheri
- Jason llc
- Swissinfo.ch
- https://townhall.com/columnists/davidmazaheri
- https://ottawasun.com/2013/12/28/a-look-at-ottawas-nine-homicides-of-2013
- https://www.swissinfo.ch/spa/eeuu-criptomonedas_la-plataforma-de-criptomonedas-celsius-network-se-declara-en-bancarrota/47751426
- https://behindmlm.com/companies/binance-sued-for-freezing-nimbus-platform-ponzi-funds/
- https://bingxfarsi.com/
- https://www.elmundo.es/economia/2022/07/14/62cfaaf221efa03b318b45c5.html
Evidence Box
Evidence and relevant screenshots related to our investigation
Targeted Content and Red Flags
About the Author
The author is affiliated with TU Dresden and analyzes public databases such as Lumen Database and
FakeDMCA.com to identify and expose online censorship. In his personal capacity, he and his
team have been actively investigating and reporting on organized crime related
to fraudulent copyright takedown schemes.
Additionally, his team provides
advisory services to major law firms and is frequently consulted on matters
pertaining to intellectual property law.
He can be reached at [email protected] directly.
Escalate This Case
Learn All About Fake Copyright Takedown Scam
Or go directly to the feedback section and share your thoughts
How This Was Done
The fake DMCA notices we found always use the 'back-dated article' technique. With this technique, the wrongful notice sender (or copier) creates a copy of a 'true original' article and back-dates it, creating a 'fake original' article (a copy of the true original) that, at first glance, appears to have been published before the true original
What Happens Next?
Based on the feedback, information, and requests received from all relevant parties, our team will formally notify the affected party of the alleged infringement. Following a thorough review, we will submit a counter-notice to reinstate any link that has been removed by Google, in accordance with applicable legal provisions. Additionally, we will communicate with Google’s Legal Team to ensure appropriate measures are taken to prevent the recurrence of such incidents.
You are Never Alone in Your Fight.
Generate public support against the ones who wronged you!
Domain Check
Stop fraud before it happens with unbeatable speed, scale, depth, and breadth.
Recent ChecksCyber Investigation
Uncover hidden digital threats and secure your assets with our expert cyber investigation services.
Recent InvestigationOur Community
Your trusted source for breaking news and insights on cybercrime and digital security trends.
Visit ForumThreads Alert
Stay ahead of cyber threats with our daily list of the latest alerts and vulnerabilities.
Threads Alert
Recent Investigations
Aaron Sansoni Group
Investigation Ongoing
DX Exchange
Investigation Ongoing
Finxflo
Investigation Ongoing
Average Ratings
3.5
Based on 4 ratings
by: Ruby Evans
I don’t understand how people keep using Binance when it’s clear they don’t care about following the law. There have been multiple instances where they’ve been accused of market manipulation and fraud, and they just keep brushing it off. How...
by: Hazel Richardson
The way Binance is run just screams of untrustworthiness. They’ve been accused of hacking, enabling criminal activity, and even evading regulators. They claim to be doing everything above board, but the evidence speaks for itself. Anyone who is still supporting...
by: Emily Scott
The more I read about Binance’s actions, the more I realize how much they’ve been getting away with. They’re operating without proper licenses, and there’s been no accountability. They seem to thrive on avoiding the law and keeping their practices...
by: Lydia Nelson
I don’t care how big Binance is, their reputation is completly tarnished. From money laundering to market manipulation, they’ve been linked to so many scandals. If they were serious about their business, they would be transparent and follow regulations, but...