News
Binance says it functions in conformity with law enforcement here
Apropos our article titled ‘Crypto loopholes funnel Lankan funds abroad,’ on 14th March, 2026, Binance has stated: “These allegations pertain solely to the actions of specific parties; Binance takes action alongside law enforcement to combat fraudulent or illegal activities and remains deeply committed to ensuring the safety and security of all its users.
Binance has already fully cooperated with Sri Lankan law enforcement authorities, by providing the necessary support and information in response to requests. As an Abu Dhabi Global Markets licensed exchange with a fully KYC-ed user base, globally, Binance will continue to support law enforcement agencies throughout the investigation of the bad actors involved. Binance’s share of users and fully licensed status will continue to be a net positive to law enforcement agencies in these situations.
Binance invests hundreds of millions of US dollars in its compliance programme, and a significant share of these resources is dedicated to maintaining a world-class compliance team. 25% of all Binance staff work in compliance. Binance remains committed to maintaining robust compliance policies, modelled on global standards, including Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.
Transparency, user safety, and regulatory cooperation remain at the core of Binance’s mission, and we remain committed to working collaboratively with authorities to uphold these principles.”
It has been reported that former Inspector General of Police (IGP) C.D. Wickramaratne has been found dead at his residence in Athurugiriya this morning (17)
it is suspected that he may have taken his own life.
A heated argument broke out between Jaffna District MP Archchuna Ramanathan and Fisheries Minister Ramalingam Chandrasekar during the Kilinochchi District Coordination Committee meeting held yesterday (16).
A video footage of the incident shows the MP and the Minister engaging in a heated verbal exchange, following which a physical confrontation appeared to develop when the Minister attempted to grab files reportedly in the possession of MP Ramanathan.
“If you lay a hand on me, I’ll lay a hand on you too… got it?” Ramanathan is heard telling the Minister during the exchange.
Police and officials present at the meeting intervened to prevent the situation from escalating further.
The circumstances that led to the confrontation were not immediately clear.
Archbishop of Colombo Malcolm Cardinal Ranjith has filed an intervening petition before the Court of Appeal in connection with a petition filed by former head of the State Intelligence Service, Major General (Retired) Suresh Sallay, challenging his arrest and detention under the Prevention of Terrorism Act over investigations into the Easter Sunday terror attacks.
The Cardinal has sought permission from the court to make submissions in relation to Sallay’s petition and requested that it be dismissed.
Former IGP C.D. Wickramaratne found dead at his residence
Venezuela earthquake: Number of known dead rises to nearly 5,000 victims
A few showers may occur in the Western, Sabaragamuwa and North-western provinces and in Kandy, Nuwara-Eliya, Galle and Matara districts
Harmer, Markram and Wolvaardt win top honours at CSA awards
War of words erupts between Minister Chandrasekar and Archchuna in North
Cardinal seeks dismissal of Sallay’s petition
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
#SundayIsland 17th December – Headlines
Sunday Island – 28th March
Sunday Island Headlines – 21 March
Sunday Island – 21st February – Headlines
-
Features5 days agoPrison riots and politics: NPP’s biggest challenge and Sri Lanka’s biggest opportunity
-
Editorial6 days agoWhat’s the world coming to?
-
Features2 days agoDirty Money
-
Editorial5 days agoMuch ado about crime: Fish or cut bait
-
Features5 days agoMore on Saudi Arabia: ARAMCO and beyond
-
Latest News3 days agoOil prices hit 1-month high as US-Iran attacks dim Strait of Hormuz outlook
-
Midweek Review2 days agoThe sordid tale of theft and tragedy at Finance Ministry
-
Features4 days agoDeepening Democracy – Constitutions and Constitutionalism