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Comment by kranke155 | Hacker News Reader

Anyone who did their research knew Binance was shady…

They didn’t have an HQ, come on, criminal organisations don’t have an HQ. Companies have them.

Shady connections to China, BSC was a mega scam, just ridiculous.

Incidentally, Yakuza have HQs, business cards, offices, office buildings, lots of presence in legitimate businesses (eg construction).

http://www.japansubculture.com/resources/yakuza-organisation...

yes, they're how it became obvious to me that "organized crime" has become part of 'legitimate government', or rather of "the state".

the state being this concept which encapsulates all institutions (government, academia, religion) and corporations (the military, the 'criminals' the banks, the media, etc) ruling over all of us; organizing us into a 'civilization'.

so the idea is that the legit government is really just the public known face of the state-apparatus, another part of this apparatus being organized crime, yakuzas in japan... chinese triads, italian mafia... latin american drug cartels, etc

>In May 2020, we became a remote-first company. Accordingly, we do not maintain a headquarters.

From the Coinbase S-1

https://www.sec.gov/Archives/edgar/data/1679788/000162828021...

Company that has filed a S1 with the SEC isn't quite the same as a company that won't tell you where they are based.

Rather surprising to me that it's taken this long to bring such a lawsuit...

They literally don't put a headquarter to claim to avoid all regulations

Automattic with 2000+ people working for them and they want a word with you.

And GitLab... and few other companies that are popular on HN.

Automatic has a registered HQ at 60 29th Street #343, SF, USA. It just doesn't have too many (any?) people there.

> criminal organisations don’t have an HQ

Yes, they do

And even if they didn’t, OP’s logic is not self evident.

I mean, it's self evident if you're the sort of person who wouldn't buy a pair of shoes from a website that didn't list a physical address, much less wire them money.

In all fairness, I didn't wire them money so much as shady internet points which I traded for other types of internet points on their site (and promptly removed)

In addition they did have a HQ in China until around 2020, but then had to completely leave that market because of the crackdown under Xi. Same as OKX and other Chinese companies.

I still think Binance is shady but that's independent of the move. Lots of companies are moving to fully online work right now, is Shopify shady?

https://fortune.com/2022/05/20/shopify-president-office-life...

Is there a large, legitimate business anywhere that doesn't have any headquarters at all?

You mean the unoccupied 10sqm headquarters on no-corporate-tax island #7? Or their other headquarters as listed on the corporate website and proudly shown off in their marketing?

Gitlab has no offices

Have you not seen the man with the golden gun? He had his own island hq.

Which exchange isn't shady?

https://www.nerdwallet.com/best/investing/crypto-exchanges-p...

Coinbase

Robinhood

Webull

TradeStation

etoro

SoFi

Binance.US

Gemini

Kraken

Crypto.com

Firstrade

I haven't heard of half of these...

Kraken. That’s the only one I haven’t found much dirt on.

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