April 28, 2025
Blockchain

Binance Reportedly Shares User Data With Russia: Statement From Giant Crypto Exchange

  • April 27, 2022
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With the increasing adoption of cryptocurrencies, so is the popularity of exchanges that allow these currencies to be bought and sold by anyone. It is the world’s largest

Binance Reportedly Shares User Data With Russia: Statement From Giant Crypto Exchange

With the increasing adoption of cryptocurrencies, so is the popularity of exchanges that allow these currencies to be bought and sold by anyone. It is the world’s largest cryptocurrency exchange operating in our country. Binance belongs to these exchanges.

However, a newly shared report reveals that Binance, which came on the agenda with “Nazi” accusations because of a recently shared post, launched a military operation against Ukraine and became the only topic the whole world talked about. with Russia by sharing user data accused.

It was alleged that the information was requested to fight crime.

binance

According to a report shared by Reuters, the world’s leading digital asset exchange Binance, customer data He agreed to share it with Russia’s financial intelligence agency. In the news, last April, Gleb Kostarev, director of the giant stock market in Russia and Eastern Europe. Federal Financial Control Service of the Russian Federation (Rosfinmonitoring) met with; It was said that during this meeting, authorities asked for information, such as the addresses and names of the users, from Kostarev. Reuters also claimed that Kostarev said he had no choice but to share the data.

The report states that Rosfinmonitoring indicates that it wants to use the request to fight crime. Also relevant is the source, the then Russian opposition leader of the institution. Alexei Navalny He stated that he is working on tracing the millions of dollars worth of Bitcoin collected by his team.

Alexei Navalny, known for his criticism of the Russian government and Putin, was jailed last year. The 45-year-old politician, who came to him and his team, cryptocurrency donations He stated that it was used to expose the Kremlin’s corruption. In addition, the shared news noted that donations were made via Binance after Navalny’s arrest in January 2021.

Binance has denied the allegations.

The giant stock market made statements after these statements were released. Binance shared the allegations in a blog post. refusedNews Binance Has Shared User Data With Russian Regulators Including Alexei Navalny it is absolutely wrong† Binance’s relations with Russia before the war; It was no different from an international establishment like banks and hamburger restaurants.”

Finally, the exchange added that they stopped working with Russia after the outbreak of the war between Russia and Ukraine and instead complied with sanctions requirements:As soon as the war started, we stopped our work with Russia and we enforced sanctions requirements† As far as we know, Binance has today implemented a package of sanctions against Russian account holders by the European Union. It is the only cryptocurrency exchange to implement

Source: Web Tekno

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