Binance froze $1M corporate account due to law enforcement request
The crypto exchange accused a Tezos tool contributor of "mislead[ing] the community" by claiming it was unaware of the reason Binance blocked access to its corporate account. Major crypto exchange Binance has confirmed it restricted account access to $1 million in crypto for a Tezos tool contributor after being called out on social media.In a Thursday Twitter thread, Binance said it had restricted the account of Tezos staking rewards auditor Baking Bad “as the result of a law enforcement request.” The Tezos contributor alleged that the crypto exchange had blocked access to its corporate....
Related News
Renowned crypto exchange Binance has now confirmed that it has restricted its account access to $1 Million in crypto for a Tezos tool contributor. This confirmation comes after the platform was called out on social media. In a series of Tweets, the crypto exchange mentioned that it restricted the account of Tezos staking rewards auditor […]
India’s law enforcement agency Directorate of Enforcement (ED) froze over $1,5 million deposited in crypto exchange Binance. The funds were deposited in Bitcoin via a transaction tie to crypto exchange WazirX and the Mobile Gaming App called E-Nuggets. Related Reading: Don’t Fight The Fed: FOMC Meeting Is Most Volatile For Bitcoin Ever According to a […]
Swedbank recently froze a customer's account after it found out about her selling five bitcoins on a digital currency marketplace. The customer, who asked not to be named, said the Swedish bank froze her account a few days after she sold her bitcoins on LocalBitcoins.com. "I sold the bitcoins on 4th September 2013. I could see that the money had been deposited into my bank account. When I checked my account a few days later I could see that it was blocked and I couldn't do any transactions on my account," she explained. The customer went on to say she was particularly frustrated that the....
India’s federal Enforcement Directorate (ED) has now unfrozen crypto exchange WazirX’s assets. Last year, ED undertook an investigation into the crypto platform as it suspected violations of foreign exchange regulations. Following the investigation, the ED froze assets worth $8.16 million, or 646.70 million INR. This is finally good news for WazirX after ED froze the […]
Crypto exchange Binance was the prime assistant in an official investigation by Thailand’s law enforcement agency. The crypto trading venue often boasts about its cooperation with international regulators and law enforcement bodies and this time, it claimed to have taken a critical role in shutting down a crypto scam network. Related Reading: CZ Says Binance […]