Binance gave Russia customer details despite 2023 exit, report

Crypto exchange Binance reportedly handed Russian authorities the transaction details of one of its customers despite fully withdrawing its operations from Russia in 2023.

According to Reuters, the crypto exchange gave up the transfer history of Yuri Belenkiy, an IT specialist who holds a Bulgarian residency permit and Russian passport.

Belenkiy was accused of terrorist financing by Russia’s Investigative Committee after he allegedly sent over $700 worth of funds to Ukraine’s military and another military group via Binance.

Russia asked Binance to reveal further donations

Russia’s Investigative Committee claimed he made the payments after witnessing an online appeal from Arkady Babchenko, a Ukraine-supporting advocate exiled from Russia.

Crypto payments were allegedly sent between January 2023 and March 2024. The committee also pushed Binance to reveal who else had sent funds to the advocate, but it’s unclear whether Binance complied. 

Read more: Russia sanctions British teenager over crypto laundering report

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