Binance

Marked as

Medium Risk Company

Last updated - February 10, 2026

Medium Risk

i
2.3

0

User Score

2.4

Trust Score

2.2

Brand Score

OVERVIEW

About Binance

Binance is one of the largest cryptocurrency exchanges in the world, where individuals and institutions can buy, sell, trade, and invest in digital assets like Bitcoin, Ethereum, BNB, and many others.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

Facebook
binance
Linkedin
binance

FINANCIAL RISK AUDIT

For Consumers
For Consumers

Medium Risk

Based on the available data, we suggest consumers approach this Company with caution.

This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You may face moderate risks when engaging in consumer-related activities with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

Medium Risk

Based on the available data, we recommend investors and bankers proceed with caution regarding this Company.

This advisory is informed by a medium-risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Financial involvement with this entity may carry moderate risks to your interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Binance?

OSINT DATA POINT

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Owner

Changpeng Zhao
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CFO

WeiZhou
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Founded

2017
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Location

Decentralized
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Category

Cryptocurrency exchange
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Revenue

US$12 billion
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Twitter

Binance Official
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Instagram

Binance Official
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Sanctions

Regulatory enforcement
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Lawsuits

Multi jurisdictional
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Bankruptcy

Financially active
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Adverse Media

Regulatory criticism
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Criminal Records

Guilty plea AML
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Regulatory Fines

Multi billion dollar
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User Complaints

Support issues
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Withdrawal Issues

Reported frequently
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Fake Reviews

Trustpilot flagged
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AML Concerns

Global audit
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Leadership

Dual CEO
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Co-Founder

YiHe
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Headquarters

Dubai
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User Base

300 million
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Market Position

Volume leader
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Structure

Decentralized
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ENTERPRISE RISK ASSESSMENT (ERA)

Authorities in multiple countries have accused Binance of operating without proper licenses and failing to meet local compliance standards.

Binance has faced major enforcement actions, including record-setting fines related to anti-money-laundering and sanctions compliance failures.

Investigations have highlighted historical weaknesses in KYC and transaction monitoring that allowed high-risk activity to pass through the platform.

Binance has been criticized for opaque corporate structures, limited disclosure of financial reserves, and unclear jurisdictional accountability.

Online reports frequently cite sudden account restrictions, delayed withdrawals, and slow customer support responses during disputes.

Past incidents of outages, trading halts, and forced liquidations during extreme price swings have raised reliability concerns.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

reddit.com

Visit Link

Binance: Received fake Binance messages and calls claiming login attempts to trick info; didn’t lose funds but warns others.

  • First Detected

    17/10/2025
  • Sentiment Analysis

    Negative
  • Reach

    <1000
  • POV

    First Person
  • Risk Factor

    Medium
  • Type

    Criticism
  • Traffic Source

    Social Media
  • SERP

    Top 100
  • Share of Voice

    10%
  • Primary Keyword

    Scam
coming

trustpilot.com

Visit Link

Binance a major global crypto exchange often criticized for freezing funds, poor support, and user trust issues.

  • First Detected

    28/01/2026
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    First Person
  • Risk Factor

    Medium
  • Type

    Review
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Complaint

Other Red-Flags and Adverse News

redflag
2025 Binance money laundering scandal explained: What to know
redflag
2025 Binance: Review of Partnerships and Lawsuits
redflag
2026 Binance: Legal Actions and Anti-Money Laundering Issues

Financial Profile for Binance

Do you want to unlock a detailed Risk Assessment and audit report for Binance?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

    greentick
  • Suspicious Transactions

    greentick
  • Liabilities: [Bankruptcies, defaults, debts]

    greentick
  • Wealth Sources: [Legitimate / Unclear / High-risk]

    greentick
  • Bank Relationships

    greentick
  • Bank Relationships

    greentick
  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

    greentick
  • Associated entities & subsidiaries

    greentick
  • Offshore / shell company links

    greentick
  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

    greentick
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Consumer Reviews and Ratings for
Binance

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Binance

Binance is one of the largest cryptocurrency exchanges in the world, where individuals and institutions can buy, sell, trade, and invest in digital assets like Bitcoin, Ethereum, BNB, and many others.

USER’S SCORE

0

Trust

0

Safety

0

Brand

0

Risk

0

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Safety
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