Ukrainian court orders transfer of assets involved in Binance account to asset management bureau

According to Crowdfunding Insider, the Pechersk District Court in Kiev, Ukraine has ruled to transfer virtual assets seized in a major fraud and illegal gambling investigation to the National Asset Recovery and Management Agency (ARMA). The assets involved in the case come from a digital wallet registered on the cryptocurrency exchange Binance, owned by a Ukrainian national (ОСОБА 6), and are suspected of money laundering through unlicensed platforms such as (rollbit. com). The total amount of seized assets exceeds 500 million hryvnias, far exceeding the regulatory threshold. These assets cover multiple cryptocurrencies: Bitcoin, Ethereum, Litecoin, Solana, and Tether (USDT), distributed across multiple sub accounts associated with Binance main user IDs. The total amount of various cryptocurrencies seized exceeds 500 million hryvnias, far exceeding the national regulatory threshold set by Ukrainian law. The court's ruling also requires Binance, registered as Nest Services Limited in Seychelles, to execute the asset transfer and cooperate with Ukrainian authorities. ARMA expects to sell these assets through an official electronic auction platform to fulfill its responsibility of managing seized assets and returning their value to the national budget.