Binance Employees Cleared After UAE Detention

Binance has confirmed that its employees who were detained by authorities in the United Arab Emirates (UAE) have been cleared and released after cooperating with investigations.

The detentions occurred at local airports, where two team members were temporarily held as part of a police inquiry into potential financial crimes related to third-party fund flows on the platform's ecosystem.

A Binance spokesperson stated that the employees were not among the targets under investigation and were released without charges after providing testimonial statements on institutional capital flows.