Binance previously provided customer information to Moscow authorities for use in accusing Russian citizens of donating to Ukraine.

According to Reuters, Binance provided Russian authorities with a customer's transaction records and identity information, which were subsequently used in a terrorist financing case. Russian investigators stated that IT expert Yuri Belenky donated over $700 via cryptocurrency to fundraising activities related to the Ukrainian military and a banned organization between January 2023 and March 2024.