Replying to ede3d957...

Travala did a lot of volume with Monero after advertising it for years in the Monero community.

After Binnace aquired it, it was one way to make OGs sell coins and keep a constant flow of Monero to counter Binance fractional reserve scheme. If you think about it - it was genius.

Then Binance delisted Monero and Travala delisted the same day. Huge red flag.

Ever since Travala is a pita to use. Many times they block accounts for weeks if a tx hits their risk score.
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Hanshan 4d ago

Wait

binance owns trivala?

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YODL 4d ago

I thought you told me that yesterday.

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YODL 4d ago

Seems I confused mention of delisting and maybe a separate mention of binance. Seems they're still owned by founders according to search

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Hanshan 4d ago

woah interesting

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YODL 4d ago

I trust anon purple robot on this for some reason. Maybe it's a shell thing

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ede3d957... 4d ago

Not sure if directly or via shell. But yes.

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ede3d957... 4d ago

Binance aquired a few infrastructure companies like CMC.

They also run and ran many of the instant swap CEX.

After having had a closer look, the Binance offer for Travala didn't go through. So more correct would be Travala being a Binance front with close cooperation and indirect ties. Maybe one can find something if looking closer. WazirX was/is also a Binance owned/connected CEX but claims around ownership were always conflicting. It seems that Binance prefers to pull strings from behind.