He also admitted to #commingling ICO investors’ funds with his own, using a portion to pay for #unrelated expenses such as credit card bills and bills for his Hawaii condominium, according to the SEC.

#commingling the funds in a way that made it difficult for law #enforcement or regulators to trace the transactions,” the Justice Department explained.

A Binance.US #spokesperson told the Journal that U.S. customer data was stored in the U.S., and there was no #commingling of user data between the two allegedly independent entities