The facts as we know them:
1.
@Binance is reentering the Philippines thru Blockshoals, which was granted sandbox access by the
@SEC_Philippines .
2. Blockshoals' owners are currently also involved in various Romualdez-owned businesses.
3. Both Binance and Romualdez have been associated with alleged money laundering activities in the past here in the Philippines, as recently as Nov 2025. (See ICI investigation into the flood control funds and how they were exiting the country.)
Does it mean Romualdez is actually behind Blockshoals? Not necessarily, but if we put all those facts together ... surely this is something worth looking into more deeply?
PS. The Binance website reportedly became accessible again here in the Philippines earlier today (although not on my Converge home connection) ... what a rollercoaster of a day it must have been for the local team!