2 days ago
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Key Takeaways
- A DOJ memo told prosecutors to expect less help from June 8.
- Foreign requests are routed through the UAE and treaty channels.
- Binance blames a misreading of its Abu Dhabi licence rules.
- Treaty channels can delay asset freezes by weeks.
- Binance has asked to end both 2023 monitorships.
Both centre on the same question. When police identify stolen or criminal funds sitting in an exchange account, does Binance restrict that account while the legal paperwork is prepared, or does it require the full process first?
Foreign Requests Now Route Through the Emirates
The New York Times published a report today describing a Binance policy, adopted in April 2025, that directs most foreign law-enforcement requests through the Emirati government and Mutual Legal Assistance Treaty channels.
European investigators and US prosecutors are described in the report as saying the arrangement makes it hard...
English (US)