BSCN(@BSCNews):Binance Faces Fresh UAE Scrutiny Over Third Party Fund Flows Two Binance employees were detained by UAE authorities in recent weeks, The New York Times reported. The questioning came as authorities examined potential financial crimes involving third party fund flows. Binance said the employees were asked to provide statements about those transactions. The company said the funds moved through a Binance client money account. Binance stressed that neither employee was a target of the investigation and both were later released. The exchange said it is working with UAE authorities to improve coordination for future inquiries. Source: Reuters, The New York Times

2026.08.21 03:38

Binance Faces Fresh UAE Scrutiny Over Third Party Fund Flows Two Binance employees were detained by UAE authorities in recent weeks, The New York Times reported. The questioning came as authorities examined potential financial crimes involving third party fund flows. Binance said the employees were asked to provide statements about those transactions. The company said the funds moved through a Binance client money account. Binance stressed that neither employee was a target of the investigation and both were later released. The exchange said it is working with UAE authorities to improve coordination for future inquiries. Source: Reuters, The New York Times