Binance Accused of Sharing Ukrainian Donor Data with Russian Police After Claiming Exit

Binance has been accused of sharing Ukrainian donor data with Russian police after claiming to have exited Russia in 2023.

The exchange provided Russian law enforcement with transaction details linked to cryptocurrency donations to Ukrainian fundraising campaigns, according to documents obtained by the Investigative Committee.

This raises questions about Binance's cooperation with authorities and whether it complies with EU privacy rules. The company stated that it follows lawful information requests while considering applicable privacy and regulatory requirements.

Binance announced in September 2023 that it was selling its entire Russian business and fully leaving the country, citing incompatibility with its compliance strategy.