Binance Blocks $1 Million Account as Result of Law Enforcement Request

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Binance Blocks $1 Million Account as Result of Law Enforcement Request
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Major crypto exchange nullifies $1 million account as the result of law enforcement request binance tezos bnb cryptocurrencies $bnb

one of the leading crypto exchanges, Binance, of freezing and zeroing out his corporate account. According to the user, the frozen account held $1 million in assets.

Binance, as is customary in modern SMM, responded to the accuser directly by replying to his tweet. The exchange said that the account was frozen at the request of law enforcement services, of which the user has been repeatedly notified. Binance also stated that the exchange is required to cooperate with such authorities and respond to their requests."The same as any other exchange," the official Binance account concluded.

themselves have also entered the comfort zone of centralized venues, where one can fulfill every crypto desire in a couple of clicks. But as recent news shows, the comfort of centralized — and judging by the actions of Uniswap, some decentralized sites — is deceptive. Here, as with famous Web2 services like Instagram or YouTube, your account does not belong to you.

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