Topic: Binance Blocks $1 Million Account (Read 59 times)
My personal view is that with regard to bitcoin, I'm a minimalist. I don't trust any company just because it's being legally regulated. I simply place less emphasis on these firms, and don't believe them when they actually mean what they say.
Just like that, you make a million and I'll take it away from you.
Binance blocks a $1 million account in response to a request from law enforcement.
On Thursday, one Twitter user accused Binance, the world's largest cryptocurrency exchange, of suspending his business account, which held around $1 million in assets, since July 1.
Binance replied directly to the charge through its Twitter handle, claiming that the account was frozen in response to a request from law authorities.
Binance responded that the user was told numerous times before the action was performed, and that it is compelled to comply with the needs of such a law enforcement body. Binance ended in the tweet that the process is "the same as any other exchange."
Continue Reading: https://mycryptoparadise.com/binance-blocks-1-million-account-in-response-to-law-enforcement-request/
On Thursday, one Twitter user accused Binance, the world's largest cryptocurrency exchange, of suspending his business account, which held around $1 million in assets, since July 1.
Binance replied directly to the charge through its Twitter handle, claiming that the account was frozen in response to a request from law authorities.
Binance responded that the user was told numerous times before the action was performed, and that it is compelled to comply with the needs of such a law enforcement body. Binance ended in the tweet that the process is "the same as any other exchange."
Continue Reading: https://mycryptoparadise.com/binance-blocks-1-million-account-in-response-to-law-enforcement-request/
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