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Russian court jails IT company director for 13 years over crypto donations after Binance shared his data, rights group says

27 October 2026 at 15:32

Binance’s name in 3D letters. Illustrative photo: TechCrunch

A Russian court sentenced Yuri Belenky, director of the IT company DiHouse, to 13 years in prison on terrorism financing charges, Radio Liberty reported on 26 October. The case concerns cryptocurrency donations that investigators believe were meant for Ukraine’s Armed Forces, the outlet said. The court also fined Belenky 500,000 rubles ($6,200), according to the report.

Since 2022, Russian courts have imprisoned Russians and Ukrainians under treason, terrorism, and other national-security laws over donations to Ukrainian causes. Binance, one of the world’s largest cryptocurrency exchanges, left Russia in 2023 but says it cooperates with lawful law-enforcement requests in different countries.

Belenky had lived in Bulgaria with his wife and child since 2015. In September 2025, he traveled to Moscow on business, and police detained him at the airport for allegedly using obscene language, Radio Liberty reported. In court, Belenky denied swearing, but the judge gave him 13 days of administrative detention. On the 10th day of his detention, Russia’s Investigative Committee opened a criminal case against him under an article on terrorism financing, based on a report from the Federal Security Service, according to the report.

Binance shared account records with Russian investigators, rights group says

In October 2025, Russia’s Investigative Committee contacted Binance to request information on six users who had transferred funds to a cryptocurrency wallet published by journalist Arkady Babchenko, the Russian human rights project First Department said on 17 August 2026. The exchange provided investigators with Belenky’s detailed account history, including his personal information, copies of identification documents, and cryptocurrency transaction records, according to the organization. The human rights project said the materials helped investigators identify nine more transfers, which went into the final charge against Belenky. Binance told his lawyer it does not give law enforcement user account data without a court order or an equivalent ruling, the group said.

Belenky’s alleged offense was transferring donations totaling 126,000 rubles ($1,560) between 2022 and 2024 to an account published by Babchenko, Radio Liberty reported. The court ordered that sum confiscated.

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The court said the money in Babchenko’s account went to Ukraine’s Armed Forces and the Azov battalion, which Russia designates as a terrorist organization, Radio Liberty reported.

In a statement dated 14 October 2025, Babchenko said he had not received transfers from Belenky to the cryptocurrency wallets he had published. He emphasized that he had raised money for civilian humanitarian needs, not to support the military.

Binance’s exit from Russia and previous data-sharing concerns

In September 2023, Binance announced that it would sell its entire Russian business to cryptocurrency exchange CommEX, according to the company’s website. Operating in Russia was incompatible with Binance’s compliance strategy, the exchange’s chief compliance officer, Noah Perlman, said in the announcement. Binance said it would fully exit the Russian market, receive no share of future revenue from the sale, and retain no option to buy back the business.

CommEX said on 29 September 2023 that it was not owned by Binance but confirmed that it had hired some former Binance employees during the platform’s six-month development, Cointelegraph reported.

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The exit came after earlier questions about Binance’s dealings with the Russian state. In April 2021, Russian financial intelligence officials met with Binance’s head of Eastern Europe and Russia in Moscow and asked the exchange to provide customer data, including names and addresses, Reuters reported in April 2022. The Binance executive agreed to the request in a message to a business associate, saying he didn’t have “much of a choice,” the outlet said. Binance told Reuters it had never been contacted by Russian authorities about Kremlin critic Alexei Navalny.

In February 2026, 11 US senators asked the Treasury Department and the Justice Department to investigate Binance’s compliance with sanctions and anti-money laundering rules, Cointelegraph reported. They cited reports that about $1.7 billion had moved through Binance to Iran-linked entities, as well as possible activity related to evading Russian sanctions. The senators also warned that Binance payment cards launched in parts of the former Soviet Union could facilitate sanctions evasion. Binance rejected the allegations.

The Trump administration is backing Orbán, who blocked a €90 billion EU loan to Ukraine, for UN secretary-general and is counting on support from Moscow and Beijing, WSJ says

27 October 2026 at 08:10

Trump and Orban at White House meeting on November 7, 2025, where Hungary secured Russian oil sanctions exemption

The Trump administration has encouraged former Hungarian Prime Minister Viktor Orbán to run for UN secretary-general and discussed a joint US-Russia-China candidacy with Moscow and Beijing, the Wall Street Journal’s (WSJ) editorial board wrote on 25 October, citing sources in three countries. Russia’s biggest ally in the EU, Orbán has been out of office since May, when Péter Magyar became Hungary’s prime minister.

The UN secretary-general can influence the war through diplomatic negotiations, mediation, and by drawing the Security Council’s attention to Russia’s aggression. António Guterres’s term ends on 31 December, so the council has to settle on a successor within weeks.

According to the WSJ, US officials discussing the next UN chief kept saying they wanted “someone like Orbán,” and their Russian and Chinese counterparts agreed. The US then brought the idea to Orbán himself. Russia and China are believed to support his bid based on those earlier talks with Washington, and the plan is for him to be the three countries’ joint candidate.

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Orbán is receptive but has not decided, and he does not want to enter the race unless he is sure he can win, the editorial board wrote. A State Department official counted eight Security Council votes as safe for him and 10 within reach. A candidate needs nine of the 15 votes and no veto from a permanent member. The editorial board asked whether Britain and France, typically cautious in using their veto, would stand in the way. Any announcement is being held until after the 3 November US midterm elections.

Ukraine’s Foreign Minister Andrii Sybiha wrote on X that Orbán as secretary-general would put to good use “the masterful veto and blackmail skills” he developed over years of derailing major EU decisions. Ukraine, he added, could share its “great experience of taking him out for coffee at the right moment,” a reference to the December 2023 EU summit, where Orbán left the room so the other leaders could open accession talks with Ukraine without his veto.

Orbán ran Hungary for 16 years as Putin’s closest EU partner

Orbán’s 16 years of “illiberal democracy” eroded democratic values in Hungary. Since 2010, Fidesz has built an enormous partisan media ecosystem. Before the vote, it amended the electoral law twice and gerrymandered more than a third of the electoral districts, so the opposition might need around 55% of the popular vote to win a simple majority. Orbán still lost the 12 April election. Magyar’s Tisza won 138 of 199 seats, a two-thirds majority in parliament.

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Orbán kept close ties with Moscow throughout the full-scale war. When he met Putin in Beijing in October 2023, he spoke of “the military operations and the sanctions” rather than a war. In summer 2024, while Hungary held the EU Council presidency, he flew to Moscow on what he called a peace mission, and the EU distanced itself from the trip. In November 2025, he went back to Moscow, seeking to keep Hungary’s access to Russian oil and gas. He is widely considered Putin’s closest partner among EU leaders. After that visit, he said the only solution was for Ukraine to become a buffer state again, and that the longer peace was delayed, the more people and territory Ukraine would lose.

Then-Hungarian Prime Minister Viktor Orbán and Russian President Vladimir Putin in Beijing, 17 October 2023
Then-Hungarian Prime Minister Viktor Orbán and Russian President Vladimir Putin in Beijing, 17 October 2023. Photo: Radio Free Europe

He used Hungary’s veto against Ukraine until his last weeks in office. In February, Orbán vetoed a €90 billion EU loan to Ukraine amid the disruption of Russian oil supplies through the Druzhba pipeline to Hungary and Slovakia. Hungary lifted its veto in April after repairs to the pipeline were announced. Foreign Minister Péter Szijjártó phoned Russian Foreign Minister Sergei Lavrov from EU meetings for years with “live reports on what’s been discussed,” a European security official told The Washington Post. Szijjártó did not respond to the Post’s request for comment.

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