June 20 (Cointime) - Binance, a cryptocurrency exchange, has issued a second cease and desist notice in a week to a fraudulent company using its name. The notice was issued to UK-based Binance Ltd, which Binance described as a "scam company" that has no affiliation with Binance.
The notice was issued in response to a Reddit post claiming that Binance had a utility closet listed as an office in the UK, which referenced Binance Ltd. Binance Markets Limited, the UK subsidiary of Binance, has officially withdrawn the permissions it held with the Financial Conduct Authority for non-crypto related activities.
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