Company Name checked against 1 community report on ScamBusterKE
Company Name
Binance
40
Concern Score
Moderate Concern
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1
Total Reports
0
Verified
Ksh 0
Total Lost
1 active report produced a moderate concern score of 40.
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Reports are user-submitted and not independently verified by ScamBusterKE. Use this information as one factor in your decision-making.
company
BinanceBinance is identified in the article as a cryptocurrency exchange whose user accounts in Kenya were frozen for investigation amid concerns over fraud, money laundering, and terrorist financing. The report also states that Binance previously reached a $4.3 billion criminal settlement with the US government over anti-money laundering violations and unlicensed money transmitting, and remains under scrutiny in multiple jurisdictions.
Reported 23 Apr 2026