Boris Johnson’s brother Jo has been advising cryptocurrency business Binance as it struggles to launch its exchange in the UK, official records show.Lord Johnson of Marylebone took up a role on the UK advisory board of one of Binance's subsidiaries in September, The Telegraph can disclose.

Voyager Digital Ltd. ("Voyager" or the "Company") (OTC Pink VYGVQ; FRA: UCD2) announced today that its operating company Voyager Digital LLC selected U.S. exchange BAM Trading Services Inc. (doing business as "Binance.US") as the highest and best bid for its assets after a review of strategic options with the core objective of maximizing the value returned to customers and other creditors on an expedited timeframe.

Binance announced the acquisition of Indonesian crypto exchange Tokocrypto, CoinDesk reports.

Binance rumors were the all-dominant topic last week after the FOMC meeting. Rumors of insufficient proof of reserves and the pullback from accounting firm Mazars, allegations of a bank run and insolvency, as well as CZ’s interview on CNBC have dragged the Bitcoin and crypto sentiment and prices down.

Out of nowhere, newly perpetuated FUD is now going around Twitter that Binance may be outgunned in their future battles.

Following Mazars Group’s declaration of audit suspension for its crypto clients, BNB’s price has since plummeted as concerns have grown over the state of Binance’s finances. And, investors’ confidence in the general cryptocurrency industry has dropped.

Nansen  @nansen_ai on Twitter:" Binance held $69.5B* in crypto over a month ago, and it's at $54.7B now, due to large withdrawals and price fluctuation.

BNB, the native cryptocurrency of crypto exchange Binance has tanked 12.5% in the last 24 hours as news arrived that Binance’s auditing partner Mazars Group has suspended ties. The BNB crypto is currently trading at a price of $230 and has dropped by 20% on the weekly chart. 

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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,” he described, adding that it’s “not a good thing.”