Binance says employees questioned in UAE cleared and released
Summary
Two Binance employees detained in the UAE were cleared and released after giving statements about third-party fund flows through a company client money account. Binance said they were not the targets of the inquiries, which it described as routine. The exchange said it is cooperating with Dubai Police and other authorities to clarify procedures around crypto and institutional client money accounts. The report follows earlier legal trouble for Binance in Nigeria, where former compliance chief Tigran Gambaryan was detained for eight months before charges were dropped.
