Binance says employees questioned in UAE cleared and released

Binance’s employees were cleared and released after providing statements to UAE authorities about third-party fund flows through a company client account, a spokesperson told Cointelegraph.

Binance employees detained in the United Arab Emirates were cleared and released after providing statements about third-party fund flows through a company client money account, a spokesperson for the exchange told Cointelegraph.

The New York Times reported Thursday that two Binance employees were detained after being stopped at airports in the UAE amid police inquiries into possible financial crimes involving the exchange. 

The employees were not the targets or subjects of what Binance described as “routine inquiries.”

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