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@binance CEO
@_RichardTeng says the exchange cooperates with law enforcement worldwide through “lawful and structured processes”
even in countries where Binance has no commercial operations, including the US
Teng says complying with legal requests is a duty of regulated financial institutions, not an endorsement of any government
the statement comes after Reuters reported Binance shared a Ukrainian user’s data with russian authorities
1/ Binance cooperates with law enforcement globally through lawful, structured processes that respect legal, privacy and regulatory requirements in each jurisdiction.
Our standard is consistent around the world, and on par with the highest compliance practices of global financial institutions.
We will always protect user rights and cooperate with law enforcement in a neutral and legally compliant way to fight financial crimes and uphold global standards.
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