Russian IT specialist jailed after Binance shared data

A Russian court sentenced Yuri Belenkiy to 13 years in prison for financing terrorism. The conviction followed Binance sharing his cryptocurrency donation records with investigators.

Smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration

Russia sentenced an IT specialist to 13 years in prison on Monday afternoon after cryptocurrency exchange Binance shared his donation records with authorities. The 49-year-old defendant transferred more than $700 to support military campaigns in Ukraine via online platforms.