Binance Hits Back At Reuters, Claims Data Sharing Report With Russia Is ‘Cate...

Binance Hits Back At Reuters, Claims Data Sharing Report With Russia Is ‘Cate...

Binance, the world’s largest cryptocurrency exchange, has received extensive media notice in recent months. Reuters stated that in response to the Ukrainian government’s call to freeze all Russian cryptocurrency accounts, Binance would block Russian customer accounts targeted by sanctions but not all of them. The crypto exchange was not alone in its stance on account […]


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Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Al...

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Binance pushes back against report exchange supplied customer data to Russian...

The exchange said it was "categorically false" that it shared user data with Russian regulators, and it had stopped working in the country following the invasion of Ukraine. Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia's financial intelligence unit with customer data potentially related to donations for anti-corruption and anti-Putin activist Alexei Navalny.Reuters reported on Friday that Binance's head of Eastern Europe and Russia Gleb Kostarev met with officials from Russia's Rosfinmonitoring, a....

Crypto Exchange Binance Addresses Allegations Of $2.3B In Money Laundering

Major crypto exchange Binance replied to a report published by media outlet Reuters. The controversial report claims Binance has been key to allegedly support illicit activity around the world, failed to provide assistance to authorities to prevent money laundering cases, and failed at imposing a robust Know Your Customer (KYC) policy. Related Reading | U.S. Links […]