On June 8, according to Bloomberg News citing court documents, from 2019 to this year, Binance and related entities transferred about 70 billion US dollars through the accounts of the now defunct Silvergate Bank and Signature Bank, including a large amount of funds in a few days. Inflow and outflow. Among them, Silvergate processed more than $50 billion for Binance related parties, while Signature processed more than $19 billion, with some funds flowing to foreign entities, including bank statements, deposits, voided checks and wire transfers.