# Binance
Latest news and articles about Binance
Total: 2 articles found
Beijing Alleges U.S. Seized $15bn in Bitcoin From Cambodian Crime Boss — And Stole It Years Earlier
Chinese cyber authorities allege the United States seized about 127,000 bitcoins tied to Chen Zhi of the Prince Group and that those assets were originally taken by U.S. state‑level hackers in 2020. The allegation frames recent high‑value U.S. crypto forfeitures as part of a broader American practice of using technical and legal tools to assert control over global virtual assets, raising legal, diplomatic and market‑stability questions.
Safe Haven No More: Silver’s 36% Flash Crash Triggers $142m Tokenised-Futures Bloodbath in Crypto Markets
A 36% intra‑day slide in spot silver on 31 January triggered a cross‑market cascade that led to roughly $544 million of crypto liquidations in 24 hours. Tokenised silver futures were the largest single source of losses, underscoring how 24/7 trading, high leverage and thin liquidity can turn a traditional safe‑haven asset into a crypto‑market ‘‘bomb’’.