{"id":49993,"date":"2021-09-23T10:00:08","date_gmt":"2021-09-23T07:00:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49993"},"modified":"2025-09-02T15:37:33","modified_gmt":"2025-09-02T12:37:33","slug":"binance-removes-suex-bitcoin-exchange-accounts","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-removes-suex-bitcoin-exchange-accounts\/","title":{"rendered":"Binance removes Suex bitcoin-exchange accounts"},"content":{"rendered":"<p>Binance CEO Changpeng Zhao (CZ) approved the inclusion of the Suex bitcoin exchange in the U.S. sanctions list and shared details of his involvement in the investigation.<\/p>\n<blockquote class=\\\"twitter-tweet\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Yesterday\u2019s actions taken by the US Treasury Department against \u201cbulletproof exchangers\u201d like Suex is a POSITIVE development for the industry and the future trajectory of crypto. (1\/3)<a href=\\\"https:\/\/t.co\/JdypGOw8W1\\\">https:\/\/t.co\/JdypGOw8W1<\/a><\/p>\n<p>\\n<\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\\\"https:\/\/twitter.com\/cz_binance\/status\/1440867358923317249?ref_src=twsrc%5Etfw\\\">September 23, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>He noted that Binance cooperates daily with law enforcement authorities around the world to curb illicit activity.<\/p>\n<blockquote>\n<p>\u201cWe have refined our approach to investigating potentially illegal activity using AI and by creating an internal investigative team of experienced law enforcement personnel,\u201d CZ wrote.<\/p>\n<\/blockquote>\n<p>As a result of the audit they conducted, several accounts linked to Suex addresses were identified earlier this year. In line with internal security measures, they were removed from the platform.<\/p>\n<p>Binance provided all information about the addresses and other details of the internal investigation to law enforcement authorities.<\/p>\n<p>Overall, CZ described the sanctions against the Suex bitcoin exchange as a positive development for the industry and its trajectory.<\/p>\n<p>Earlier, on September 21, the U.S. Department of the Treasury added the Suex legal entities and website to the sanctions list, along with 25 addresses associated with it on the Bitcoin, Ethereum and Tether networks.<\/p>\n<p>The agency says that through the platform funds of operators of at least eight ransomware programs, scam projects, dark net marketplaces and the now-closed BTC-e exchange flowed. The assets tied to cybercriminals accounted for up to 40% of Suex&#8217;s turnover.<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"OKSRE06mTz\\\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/us-sanctions-bitcoin-exchange-suex-with-offices-in-moscow-and-saint-petersburg\">The United States has imposed sanctions on the Suex bitcoin exchange with offices in Moscow and Saint Petersburg<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201c\u0421\u0428\u0410 \u0432\u0432\u0435\u043b\u0438 \u0441\u0430\u043d\u043a\u0446\u0438\u0438 \u043f\u0440\u043e\u0442\u0438\u0432 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043e\u0431\u043c\u0435\u043d\u043d\u0438\u043a\u0430 Suex \u0441 \u043e\u0444\u0438\u0441\u0430\u043c\u0438 \u0432 \u041c\u043e\u0441\u043a\u0432\u0435 \u0438 \u0421\u0430\u043d\u043a\u0442-\u041f\u0435\u0442\u0435\u0440\u0431\u0443\u0440\u0433\u0435\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/news\/ssha-vveli-sankcii-protiv-bitkoin-obmennika-s-ofisami-v-rf\/embed#?secret=jtYuL8laRj#?secret=OKSRE06mTz\\\" data-secret=\\\"OKSRE06mTz\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>According to Elliptic, since 2018 Suex has processed cryptocurrency transactions totaling at least $934 million. More than $370 million of them are linked to cybercriminals.<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"oRwTpx1msb\\\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/elliptic-calculates-amount-laundered-through-the-suex-bitcoin-exchange\">Elliptic has calculated the amount laundered through the Suex bitcoin exchange<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201cElliptic \u043f\u043e\u0434\u0441\u0447\u0438\u0442\u0430\u043b\u0430 \u0441\u0443\u043c\u043c\u0443 \u043e\u0442\u043c\u044b\u0442\u044b\u0445 \u0447\u0435\u0440\u0435\u0437 \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u043e\u0431\u043c\u0435\u043d\u043d\u0438\u043a Suex \u0441\u0440\u0435\u0434\u0441\u0442\u0432\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/news\/elliptic-podschitala-summu-otmytyh-cherez-bitkoin-obmennik-suex-sredstv\/embed#?secret=2dkoBEKxd9#?secret=oRwTpx1msb\\\" data-secret=\\\"oRwTpx1msb\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>Co-founder Vasiliy Zhabykin of the Suex exchange denied any illegal activity by the company and said that the attention from U.S. authorities was a mistake. However, ForkLog sources in the exchange market said that Suex is one of the largest exchanges in Russia.<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"XucyaT5CEU\\\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/co-founder-of-us-sanctioned-exchange-suex-denies-illicit-activity\">The co-founder of the US-sanctioned Suex exchange denied illegal activity<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201c\u0421\u043e\u043e\u0441\u043d\u043e\u0432\u0430\u0442\u0435\u043b\u044c \u043f\u043e\u043f\u0430\u0432\u0448\u0435\u0433\u043e \u043f\u043e\u0434 \u0441\u0430\u043d\u043a\u0446\u0438\u0438 \u0421\u0428\u0410 \u043e\u0431\u043c\u0435\u043d\u043d\u0438\u043a\u0430 Suex \u043e\u043f\u0440\u043e\u0432\u0435\u0440\u0433 \u043d\u0435\u0437\u0430\u043a\u043e\u043d\u043d\u0443\u044e \u0434\u0435\u044f\u0442\u0435\u043b\u044c\u043d\u043e\u0441\u0442\u044c\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/news\/soosnovatel-popavshego-pod-sanktsii-obmennika-suex-oproverg-nezakonnuyu-deyatelnost\/embed#?secret=yYrJQnnnVS#?secret=XucyaT5CEU\\\" data-secret=\\\"XucyaT5CEU\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance CEO Changpeng Zhao (CZ) approved the inclusion of the Suex bitcoin exchange in the U.S. sanctions list and shared details of his involvement in the investigation.<\/p>\n","protected":false},"author":1,"featured_media":49994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1154,1257,1323,686,2247],"class_list":["post-49993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-crimes","tag-currency-exchanges","tag-investigations","tag-sanctions","tag-suex"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=49993"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49993\/revisions"}],"predecessor-version":[{"id":49995,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/49993\/revisions\/49995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/49994"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=49993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=49993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=49993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}