Binance Closes Many Accounts Associated with the Russian Government

Binance, the world’s largest cryptocurrency exchange by volume, said it has closed the accounts of people linked to the Russian government.

In an interview with Bloomberg on April 28, Binance’s responsible for sanctions has been so far after the war between Ukraine and Russia. Many accounts associated with Russian officials and their relatives were closed. told.

Responsible, in an interview with Bloomberg, Russian Foreign Minister Sergei Lavrov’s stepdaughter and spokesman for President Vladimir Putin Dmitry Peskov’s daughter He said his accounts were closed.

In addition, Binance was accused of violating sanctions by the US Department of Justice. son of Konstantin Malofeev He also closed his account because it was understood that he was connected to the people who were sanctioned.

Many major exchanges that cryptocurrencies are a way to avoid sanctions But Binance CEO Changpeng Zhao told CNN that cryptocurrencies are traceable and monitoring procedures have been developed with the help of governments. told.

Binance announced on its official website on April 21 that the European Union (EU) has formed against Russia. As part of the 5th sanctions package crypto assets 10,000 euros stated that the services of users who exceed from 10.000 euro for users with excess funds to close their transactions given 90 days had said.

Binance Limits Its Services In Russia

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