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Did Binance share user data with Russian FSB?

Suggestions that Binance shared any user data, including Alexei Navalny, with Russian FSB controlled agencies and Russian regulators are categorically false. Indeed, Alexi Navalny's chief of staff Leonid Volkov himself pointed out the inconsistencies in the Reuters article on this point. According to Coindesk:

Does Binance operate in Russia?

Reuters is currently reporting an article about Binance’s operations in Russia. With my Reuters colleague Tom Wilson, we have been researching how Binance developed its significant market in Russia, how it has built ties with Russian government agencies, and how the war in Ukraine has affected Binance’s Russia business.

Why did Russians Want Binance to hand over client data?

The Russians wanted Binance to agree to hand over client data, including names and addresses, to help them fight crime, according to text messages the company official sent to a business associate.

Does Binance have a Russian crypto law?

Our reporting indicates that, under the proposed crypto law, Binance has agreed with Russia’s Financial Intelligence Unit, Rosfinmonitoring, to set up a local unit in Russia through which authorities can request client data.

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