Binance says employees questioned in UAE cleared and released
Binance’s employees were cleared and released after providing statements to UAE authorities about third-party fund flows through a company client account, a spokesperson told Cointelegraph.
Binance employees were released and cleared after meeting with UAE authorities regarding third-party fund movements through a client account, according to the exchange's spokesperson. The employees, who were stopped at airports in the UAE, were not the targets of the police inquiries into potential financial crimes involving Binance.
Binance emphasized that these were "routine inquiries" and that they were collaborating with Dubai Police and authorities in other Emirates to create clear protocols for such situations. In 2024, a similar incident occurred when Nigerian authorities detained Binance's head of financial crime compliance, Tigran Gambaryan, for eight months on money laundering charges, but all charges were eventually dropped by October 2024.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
