Channel NewsAsia
AsiaPac · 1 hrs ago
Two Binance employees were detained in UAE in recent weeks, NYT reports
Aug 20 : Two Binance employees were detained in the United Arab Emirates in recent weeks amid police inquiries into possible financial crimes on the cryptocurrency platform, the New York Times reported on Thursday, citing four people familiar with the matter.The two employees were stopped at airports in the Emirates, the report said, citing two of the people with knowledge of the situation. It wasn't immediately clear what authorities in the UAE were investigating, NYT said.When asked about the NYT report, Binance told Reuters that a small number of its employees were asked to provide statements to UAE authorities as part of what it described as routine inquiries into third-party fund flows through a Binance client money account.The employees were not targets of the probe and were cleared
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