UAE questions Binance employees over corporate bank account flows
UAE police detained or questioned two Binance employees between July and August 2026 in inquiries about third-party fund flows through a corporate bank account used for customer deposits and withdrawals, including dirham transactions processed via ADCB. One mid-level employee was held overnight and another executive was questioned; both were later cleared and no charges were filed. Binance said it is cooperating. The account had launched on June 2, 2026, and while Binance retains its UAE licenses, sustained pressure on the ADCB-linked banking relationship could curtail local fiat on-ramps.
Two Binance employees were detained over third-party fund flows.
Context
Binance launched dirham on-ramps through an ADCB-linked account on June 2, 2026. UAE police questioned two employees about third-party fund flows in July and August 2026. If banking links weaken, the platform's local fiat utility could…
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