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Calvin Ayre says Binance is illegal and will be shut down within a year

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Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

Founder of CoinGeek, Calvin Ayre said that Binance will shut down in the next 12 months. He called the exchange a scam operation.

In an interview to CCN, founder of Ayre Group and CoinGeek, Calvin Ayre made some controversial comments against the leading cryptocurrency exchange Binance. He said that Binance is a scam operation and its CEO Changpeng Zhao, is running a pump and dump scheme. Ayre compared the Binance to a rigged casino.

Bitcoin SV (BSV) supporter, Calvin Ayre said that introducing the reward system for proof-of-stake coins was the latest move in Binance corrupt chess game. According to Ayre, the exchange has only 12 months before some authority shuts it down. He claimed that Zhao led crypto exchange is illegal. 

Earlier this year Binance delisted the Bitcoin SV from its platform, and after that several others did the same. And Ayre is known for supporting BSV. Ayre’s comments came after the exchange claimed last week that they helped UK authorities in tracking down a Bulgarian national who was responsible for creating and selling phishing scripts that targetted customers of at least 53 services. 

Earlier this month founder of DigiByte (DGB) alleged that Binance demanded $300,000 and 3% of all DGB coins in circulation in order to get the coin listed on the platform. Binance CEO Changpeng Zhao responded to the tweet saying he has more interesting things to attend to than waste time on these types of guys. 

Disclaimer: Coinnounce's views are not necessarily reflected in the articles published, and they are the sole representation of the author's opinions. Article's information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.

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