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Crypto giant Binance accused of 'web of deception' in US � BBC NewsBAM Trading Services Inc, doing business as bitcoincryptonite.shop, is a cryptocurrency exchange. The Company provides a platform for trading various cryptocurrencies. Binance Holdings Ltd (Binance) operates a centralized digital asset trading platform. The company provides Binance Exchange for buying and selling cryptos;. Binance was founded in Shanghai in , but later moved to Tokyo and then Malta. While its holding company is based in the Cayman Islands.