As reported by Reuters in its January investigation, an inner document exhibits that Binance was aware of the danger of unlawful finance in Russia. View and apply for presently open vacancies within the Department of Finance. A few of them used faux personal info to open Binance accounts, she stated, but she uploaded a duplicate of her passport. Every week later, Russian authorities arrested Pavlov for allegedly dealing in medicine, a Moscow court said, adding he had filed an enchantment. "During the times I used medicine, you needed to know someone at least" so as to obtain narcotics, Lakhov, a recovered addict, added. Aleksey Lakhov, a director at Russian charity basis Humanitarian Action, which researches drug use, mentioned he was "horrified" by how Hydra fuelled addiction. Cryptocurrency traders exchanged dozens of messages in 2021 and early 2022 about using Hydra on Binance’s own Russian community Telegram chat. A Reuters article in April detailed Binance’s efforts to dominate the crypto market there and how, behind the scenes, the change was constructing ties with Russian authorities businesses. Reuters’ new reporting following the April article reveals that many individuals who signed up to Binance in Russia weren’t utilizing it for buying and selling. Reuters reporting additionally reveals for the primary time how North Korea’s Lazarus used Binance to launder a few of the cryptocurrency stolen from Eterbase.