Several European police services accuse Binance of slowing down their fraud investigations by imposing significant delays for the transmission of data on suspect accounts. Since June 8, the platform now requires a Mutual Legal Assistance Treaty (MLAT) before any blocking or seizure, whereas it previously operated a courtesy freeze upon a simple investigator alert. Cut off from the European market since July 1 due to lack of MiCA license, Binance operates under a license from the Abu Dhabi free zone, whose data protection rules prohibit the transfer of personal data outside its perimeter. The ESMA had also recommended that national regulators reject Binance’s MiCA applications, citing nearly one billion dollars that transited through sanctioned Iranian networks. Binance strongly denies these accusations and claims to have processed 71,000 authority requests in 2025.
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