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/
