Binance gave Russia customer details despite 2023 exit, report
Binance reportedly bent to Russia's request for customer transfer details despite fully withdrawing its operations from Russia in 2023.
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Binance reportedly bent to Russia's request for customer transfer details despite fully withdrawing its operations from Russia in 2023.
Read more (2 min) →The loss of Binance's top execs in Russia makes seven high-ranking employees to have left in just two months.
Red flags around Advcash include its thinly disguised Russian origins, government links, and its acceptance of anonymous cash deposits.
Despite calling the measures "unethical," Binance chief Changpeng Zhao says the company "must continue to lead the industry in implementing these sanctions.”
Binance is blocking crypto traders on sanctions lists but won’t widely ban Russian users, as it would supposedly go against crypto's values.