Binance Blocks $1 Million Corporate Account After Law Enforcement Request
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 […]
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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....
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 […]
The CEO of Bitcoin merchant services industry leader BitPay has suffered a phishing scam that cost the company 5,000 bitcoins or over US$1.8 million, reports the Atlanta Business Chronicle The scam occurred last December and the target was BitPay’s chief financial officer, Bryan Krohn. It all started when Krohn received an email, allegedly from an online digital currency publication looking for commentary on a document about the Bitcoin industry. This was an email sent from a hacker who had taken over a computer. The hacker sent Krohn to a website where Krohn is alleged to have given the....
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.”
281 Nigerian Accounts Restricted by Binance, CEO Says 79 Cases Have Been Resolved
Cryptocurrency exchange Binance has sent a letter to its Nigerian users. In the letter, Binance CEO Changpeng Zhao (CZ) apologized for the inconvenience caused by delays in resolving customer support requests.
Noting....
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 […]