Michael Chobanian, founder of Ukrainian crypto exchange KUNA, claimed that Binance is working with the Russian government despite global sanctions.
In an interview with CoinDesk, Chobanian said that Binance CEO Changpeng Zhao needs to decide where to stop in his relations with Russia.
“The problem with Binance is not only that they continue to work on both sides, but that they cooperated with the Russian government before the war and still continue to cooperate”
Binance, Russian users He said that they have no plans to unilaterally ban the platform from the platform, but that they will take action against those who are sanctioned.
Binance spokesperson Jessica Jung said:
“We prefer not to comment on false accusations. Our focus is helping people”
Chobanian has provided no evidence that Binance is actively working with the Russian government. However, it has long been known that Russia is an important market for Binance. Zhao described Russia as “our main market” in 2019.
Chobanian also said that Binance has not yet made the $10 million donation promised in a February statement.
“They said they donated $10 million to the Ukrainian government. I haven’t seen the $10 million mentioned. Nobody knows where this money is going”
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