The reason for the investigation by the US Department of Justice was the assumption that Binance allows Russian clients to make transactions involving at least five Russian banks that fell under sanctions.
Ministry sources claim that the exchange has secretly lifted restrictions for Russian users to transfer funds in Russian rubles, euros, British pounds and other currencies from bank cards issued in Russia. In addition, Binance has removed restrictions for Russian users on the limits of funds placed on deposits.
The administration of the Binance exchange rejects the accusations of the US Department of Justice and states that the site strictly complies with all the requirements of global sanctions and does not have any banking relations with Russian financial institutions included in the sanctions list.
Recall that in April, Binance notified Russian users by e-mail about the full restoration of the ability to buy and sell cryptocurrencies using bank cards.
Source: Bits
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