Topic
How centralized exchanges handle KYC records, law-enforcement requests, and anti-money-laundering obligations across jurisdictions.
A civil forfeiture filed on September 14 names Blessed Trust and Hexa Whale Trading, two Hong Kong entities whose Binance accounts ran about $1.69bn of volume while the exchange sat under a compliance monitor.
Reality
A civil forfeiture complaint in Manhattan targets two Chinese firms and describes more than $1.5 billion in Iranian oil proceeds. Binance appears in it as a venue, and Richard Teng says the exchange is not accused.
Reality
Two months past the July 1 cutoff, the exchange with more than 45% of global spot volume still holds no MiCA licence. The visible regulatory step so far: ESMA asking for confirmation that the wind-down is real.
Reality
Independent testing says new European accounts were opened, verified and funded in mid-August, seven weeks past the MiCA cutoff. The exchange appears on neither of ESMA's two lists.
Reality
A data-sharing arrangement struck with Rosfinmonitoring in 2021 turned exchange records into evidence. The sum at issue was roughly $6,500.
Reality