Two Binance employees were detained or questioned between July and August 2026 by UAE authorities over fund flows through a corporate bank account used for customer deposits and withdrawals, including dirham-denominated transactions via ADCB bank. Both employees were subsequently cleared with no formal charges filed against either individual. The exchange, which holds active regulatory licenses in Dubai and Abu Dhabi where it employs roughly 1,000 people, is cooperating with the investigation and its authorizations remain in effect. The timing coincides with a $2 billion investment by MGX, a state-linked Abu Dhabi investment vehicle, made in March 2025, and comes as regulators closely monitor how third-party money moves through Binance’s banking infrastructure.
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