Binance’s UK Unit Accused of Filing Inaccurate Financials

A co-owner of Binance’s U.K. subsidiary has alleged that the cryptocurreny exchange misrepresented its ownership stake in official company filings.

Directors of Dimplx alleged that Binance Digital Limited filed “grossly inaccurate” financial statements.

Dimplx made the allegations in an annual report filed on Sept. 28 with the U.K. companies registrar.

In the annual report, the directors of Dimplx claim the audited Binance Digital financial statements for the period ending on Dec. 30, 2020 inaccurately and incorrectly recorded its share capital.

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