Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Binance Hands Over Client Data to Russian Authorities Amidst Controversy

Guavy AI Editorial Team
Instruments
BNB
Share

The world's largest cryptocurrency exchange, Binance, has found itself in a scandal after it was revealed that they handed over client data to Russian authorities. The data was for Yuri Bilenky, a Russian IT specialist who donated money to support the Ukrainian military. Bilenky had transferred $742 worth of cryptocurrency from January 2023 to March 2024 to the Ukrainian army and the 'Azov' unit.

Binance exited the Russian market in October 2023 but still responds to law enforcement requests, as per their policy. After receiving the data from Binance, Russian investigators uncovered nine more transactions made by Bilenky, bringing the total number of charges to 15.

Human rights defenders have raised concerns that transferring personal data without proper international procedures may contradict European data protection legislation.

More on Crypto

Crypto just now

Companies Unload 2,501 BTC Amid Stablecoin Growth

Crypto just now

Stablecoin Payment Rails Draw Fintech-Style Capital Amid Crypto Funding Decline

Crypto just now

US Treasury Proposes Rules for Payment Stablecoins Under GENIUS Act

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy