1 articles · Updated · The New York Times · Aug 20
Summary
Two Binance employees were detained in the United Arab Emirates in recent weeks, an unusually aggressive move tied to police inquiries into possible financial crimes on the exchange.
Airport stops in Sharjah and elsewhere led to one midlevel employee being held overnight this month, while a third official at Binance’s Dubai subsidiary was questioned in July.
Binance told Emirati authorities the workers were caught up in fraud probes focused on customers, not staff, and said those asked for statements were cleared and released.
Tens of thousands of law-enforcement requests reach Binance each year as criminals exploit its cross-border money-moving tools, underscoring the legal pressure the exchange faces even in the home of its main regulator.