Techub News, citing a post by @laurashin, said documents indicate Binance provided Russian investigators with the identity documents and transaction history of a Ukrainian donor in a terrorism financing case. The claim stands in contrast to Binance’s earlier statement that it exited the Russian market in 2023. Binance had also said at the time that it was selling its local business as part of that withdrawal. The reported disclosure has drawn fresh attention to the exchange’s handling of user data and the strength of its compliance commitments. No additional details beyond the cited post and document claim were provided in the brief report.
Techub News said, citing a post from @laurashin, that Binance had previously stated it exited the Russian market in 2023, but related documents show the exchange provided Russian investigators with a Ukrainian donor’s identity documents and transaction history in a terrorism financing case.
Binance had earlier announced in 2023 that it would leave the Russian market and sell its local business. The newly disclosed documents have sparked renewed scrutiny over the exchange’s user data protection practices and its compliance commitments.
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