Domingo Flores 🏳️‍🌈May 4, 2023

So, I wrote a Twitter thread about PuntoXpress (the US Embassy in El Salvador's payment provider) facilitating Binance users to buy Tethers with cash. A huge money laundering red flag.

Then, apparently, PuntoXpress made a Twitter account just to reply to me to assure me they had no part in this shenanigans. Then Binance promptly disabled the buy crypto with cash at PuntoXpress functionality. Here's the thread: https://twitter.com/Domingroso/status/1651358549224693760

@[email protected] 🏳️‍🌈 on Twitter

“Does the @USEmbassySV know that their payment provider in El Salvador, Punto Express, is dealing+taking payments with known money launderers under investigation @binance and @bitfinex ? Taking USD in cash in El Salvador to exchange for Tethers. CC: @Bitfinexed @ParrotCapital”

Twitter
Show threadDomingo Flores 🏳️‍🌈May 4, 2023

Binance still has their documentation up with instructions on how to buy Tethers with cash at PuntoXpress.

https://www.binance.com/es-LA/support/faq/c%C3%B3mo-comprar-criptomonedas-en-efectivo-usd-el-salvador-aa0a40d7152d43889e56cca1255bec9b

Cómo Comprar Criptomonedas en Efectivo (USD - El Salvador) | Binance Support

Ahora se puede comprar criptomonedas en Binance con efectivo en El Salvador. Veamos el paso a paso en la aplicación. 1. Inicie sesión en su aplicación Binance y seleccione [ Comprar con USD]. 2. I...

Show threadDomingo Flores 🏳️‍🌈

Now, I'm not claiming credit for taking down the functionality (It's probably still up for the "right" people with the "right" connections), but if it was indeed my tiny < 600 followers twitter account that made them roll it back, it'd be extremely hilarious.

The biggest crypto company in the world, folks. I wrote an article on my Patreon about it, it's free access all the time:

https://www.patreon.com/RiesgosClub

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May 4, 2023 at 4:38pmWeb
Show threadDomingo Flores 🏳️‍🌈May 4, 2023

Here's a link to the replies from puntoXpress, with a screenshot to spare you to go into muskyland.

https://twitter.com/puntoxpress_sv/status/1651748046043004929

Puntoxpress El Salvador on Twitter

“@Domingroso @Domingroso PuntoXpress takes your post seriously, but we want to clarify that we have no current relationship with Binance. Although Binance informed its clients they could use our network, we don't know if it was an error or based on a relationship with one of our clients.”

Twitter