Other

"Binance stopped 'all activities focused on Israel' following regulatory request: Report"

2022-02-17 [vendor] Binance
Primary Source ↗

Incident Details

Binance announced they had stopped “marketing to Israelis and all activities focused on Israel until we examine the issue of licensing.” The “issue” in question seems to be that they don’t have a license at all: according to the Israeli Capital Market, Insurance and Savings Authority, they never received an application that would license Binance to do business in Israel.

Technical Details

Initial Attack Vector
Regulatory / legal action
Vendor / Product
Binance

Timeline

  1. 2022-02-17 Breach occurred
  2. 2022-02-17 Publicly disclosed