A recent investigative report by media outlet Unlimited Hangout has brought forth serious allegations against Noah Perlman, the chief compliance officer of Binance.
According to the report, Perlman is alleged to have connections to the collapse of FTX, the troubled Gemini exchange owned by the Winklevoss twins, as well as convicted and deceased sex trafficker Jeffrey Epstein.
If these allegations are proven true and Perlman becomes the subject of an investigation by US authorities, Binance could potentially become entangled in another executive scandal, following the departure of former CEO Changpeng Zhao (CZ).
🌎《Now you can now start trading at TNNS PROX》📈
🔥Start trading today, click "sign up" from the link above.
Associations With Epstein And Alleged Fraud
Unlimited Hangout claims that Itzhak Perlman, a renowned violinist and the father of Noah Perlman, had flown multiple times on a plane owned by Jeffrey Epstein. Itzhak Perlman allegedly accompanied Epstein to Michigan's Interlochen Center for the Arts, where Epstein later built a lodge that was referred to as a "lair to target girls."
Noah Perlman, who previously worked as a federal prosecutor for the Department of Justice's Special Coordinator for Crimes against Children, now faces scrutiny due to his family's connections to Epstein.
After leaving the Department of Justice, Perlman joined Gemini, a cryptocurrency exchange owned by the Winklevoss Twins, as the chief compliance officer. Although Perlman had left Gemini months before the New York Attorney General filed a lawsuit against the exchange, he was reportedly heavily involved in Gemini's Earn program, which is now at the center of an alleged $1.1 billion fraud.
According to NewsBTC, the lawsuit claims that certain individuals were aware of the financial instability of the program's partner, Genesis, and withdrew their funds prior to its collapse.
During that time, Perlman held the position of chief operating officer, which has raised suspicions about his potential involvement in the alleged misconduct.
Troubled Bank’s Links To Binance Officer And FTX
Perlman's involvement with Farmington State Bank, later renamed Moonstone, adds complexity to the alleged wrongdoing cited by Unlimited Hangout. In 2019, Perlman was listed as a director of FBH Corp., the entity that took over the rural bank. Moonstone Bank gained attention when Alameda Research, linked to FTX, acquired an $11.5 million stake. Sam Bankman-Fried, the former chief of FTX, also reportedly invested $50 million in the bank. However, Moonstone Bank faced regulatory challenges, with the Federal Reserve initiating an enforcement action against it shortly before the Bank of Eastern Oregon acquired its deposits and assets.
Perlman is at the center of serious allegations concerning his alleged connections with Jeffrey Epstein, the failed Earn program at Gemini, and Moonstone Bank. It is important to note that these allegations have not been substantiated by any investigations or official connections made by US authorities or other global agencies.
The claims and allegations put forth by media news outlets require further response from Binance's executives and investigation by relevant authorities. Perlman has not issued an official statement regarding these allegations. It remains to be seen how the exchange and Perlman himself will address these claims and provide clarity on the matter.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Comments