Ukrainian court orders transfer of over 500 million hryvnias in Binance accounts to the State Asset Management Bureau

Odaily Planet Daily News According to local media reports, the Kiev Pechersk District Court of Ukraine ruled that the crypto assets seized in an investigation involving major fraud and illegal gambling will be transferred to the National Asset Recovery and Management Agency (ARMA). The assets involved are stored in wallets registered on the Binance platform and belong to Ukrainian citizens. They are suspected of money laundering operations through channels such as unlicensed platforms rollbit.com. The court ruling shows that the total assets involved exceed 500 million hryvnias (about 13 million US dollars), covering BTC, ETH, LTC, SOL, USDT and other cryptocurrencies, distributed in multiple sub-accounts associated with the Binance main user ID. The court also requires Nest Services Limited (Binance-related entity) registered in Seychelles to cooperate in completing the asset transfer and cooperate with Ukrainian regulators. ARMA said it will sell the relevant assets through the national electronic auction platform and return their value to the national budget. (crowdfundinsider)