Binance Stuck My withdrawal

[shasan]

I am not sure where to post my problem and also do not know if anyone faces the same issue or not. Today, I have triedd to withdrawfew dollars from binance. But it stuck my withdrawal by saying:

Unable to withdraw with account in arrears
Your account is in arrears. The withdraw function is disabled. Click the “Deduct Now” button if sufficient assets are available for the amount in arrears. Alternatively, top up your Spot account balance to proceed.
Arrears amount
------- DOGE

I have contacted with them and they told me that dogecoin had withdrawn from my account. To enable withdrawal I have to deposit those dogecoin. But the account is not mine and the price of those dogecoin is too much. Now I have no way to recover those fund. In this way, How to solve my issue. Any suggestion???

I have received below message yesterday from coingeko notification:

Binance has temporarily halted Dogecoin (DOGE) withdrawals as a result of the DOGE network update.

 

Several Binance users have reported that Binance withdraws DOGE without their authorization and is now requesting that they return the DOGE they do not currently have in their Binance accounts.

 

The Dogecoin network update appears to have triggered the old transactions that were stuck because of insufficient fees years ago.

Edit: 14.11.2021
I have received a notification email from binanace today which is as mentioned below:

Temporary DOGE Network Withdrawal Suspension

Fellow Binancians,

Thank you for your patience as we continue to resolve the issue that occurred with DOGE network withdrawals after the version update on 2021-11-10. DOGE network withdrawals continue to be suspended at this time while Binance actively works with the DOGE project team to resolve the issue.

Please note that users are still able to withdraw DOGE on other networks during this time.

We have written directly via email to the very small number of users directly impacted by the upgrade where previously failed DOGE withdrawals transactions got resent after the recent update that was done on 11-10-2021. Please note that no asset is debited from users account for the resent withdrawal transactions. We are kindly requesting those users to return the asset.

Will we provide further updates in due course.

Thank you for your understanding on this matter.

Binance Team
This is an automated message, please do not reply.

[1715074266]

1715074266

[1715074266]

1715074266

[1715074266]

1715074266

[1715074266]

1715074266

[Oshosondy]

I do not get what you are saying rightly, let me ask you a question. Was doge deposited into your account and not you that deposited it and you withdraw the doge?

[shasan]

I do not get what you are saying rightly, let me ask you a question. Was doge deposited into your account and not you that deposited it and you withdraw the doge?

I had deposited and withdrawn about 19 months ago. And that time it worked fine. But now it showing withdrawal from my account on 10th november which I have not done.
Also, I have received a mail from coingeko about same issue. The issue is as quote which I have just added on my starting post.

[bL4nkcode]

So you just deposit dogecoin on binance and withdraw it some time, and then they're telling you right now that you should return those coins that as if its theirs. Do you get negative balance?

How much do you owe them now? If that was 7 months ago then that was the ATH month of doge.

I never thought that they will blame you and even charge you for the mistake they made. This seems the case...

4) Yesterday we were notified that previously stuck transactions (insufficient fee) had suddenly relayed successfully, post 1.14.5 update - likely because minfees have been lowered in 1.14.5...

Which maybe your withdrawal transaction was included. Binance should be responsible for this and apologize.

What you can do is to wait until they make an announcement since you're not the only one experienced such issue.

Maybe service discussion suits the thread/topic not on scam accusations.

[shasan]

So you just deposit dogecoin on binance and withdraw it some time, and then they're telling you right now that you should return those coins that as if its theirs. Do you get negative balance?

How much do you owe them now? If that was 7 months ago

Yes i have depositted and withdrawn to another persons wallet. I have not acces those as i am not the owner of those account. Also the owner might have no access as 8 have seen the id was used too long ago. Those id was from dogechain so no chance to change the wallet id. But they may loss access those account. And more important thing is that account holder will not returned those amount as it is big now. I owe about 80k dollars according to current rate. Sorry the transaction I made was atleast 19th months ago. I thought it is 2021 but i noticed it was 2020.

[RapTarX]

I have contacted with them and they told me that dogecoin had withdrawn from my account.

I haven't read about this in detail but I have seen such a piece of news on another platform. Did you try to contact them through their telegram support? They respond faster the
there & I guess you would have gotten a reply and solution. It should be a bug but should have fixed it by now. I can't see any problem so far with my account.

I owe about 80k dollars according to current rate.

That's hell lot of money. Why would you owe that in the first place LOL?

[LoyceV]

Did I get this right? Is this what happened: 19 months ago you withdrew 300,000 Doge ($600) to someone else's address. Binance sent the transaction with a low fee, which didn't confirm. Then they made a new transaction with a higher fee, and you thought it was done. But the original transaction was kept in mempool, and the original inputs where never moved, so when the Doge network lowered it's minimum fee, the 300,000 Doge ($80,000 by now) transaction went through?

If that's the case, Binance did a royal f*ckup not moving the original inputs before replacing the transaction.

[JeromeTash]

If I understand the story well. This is their fault and not yours. It was their mistake to send allow fee transaction in the first place, and it was their second mistake not working on cancelling the unconfirmed transaction or trying to double spend it since they have the private keys, and they had already processed another withdrawal for you.

Yes i have depositted and withdrawn to another persons wallet. I have not acces those as i am not the owner of those account. Also the owner might have no access as 8 have seen the id was used too long ago. Those id was from dogechain so no chance to change the wallet id. But they may loss access those account. And more important thing is that account holder will not returned those amount as it is big now. I owe about 80k dollars according to current rate. Sorry the transaction I made was atleast 19th months ago. I thought it is 2021 but i noticed it was 2020.

If I was in your shoes. There is no way I would accept to pay that amount. Best thing to do is abandon depositing in Binance for now.

[shasan]

I have contacted with them and they told me that dogecoin had withdrawn from my account.

I haven't read about this in detail but I have seen such a piece of news on another platform. Did you try to contact them through their telegram support? They respond faster the
there & I guess you would have gotten a reply and solution. It should be a bug but should have fixed it by now. I can't see any problem so far with my account.

I owe about 80k dollars according to current rate.

That's hell lot of money. Why would you owe that in the first place LOL?

I have tried to contact with them via telegram and no responded me but several scammer tried to scam by impersonating. But they replied me on support on their website and asked me to wait. Yes the amount of money is too high and cant give that as i am not the owner of that account. I sold that only for few hundreed dollars and now it is.......

[bL4nkcode]

Binance sent the transaction with a low fee, which didn't confirm. Then they made a new transaction b with a higher fee, and you thought it was done. [...]

If that's the case, Binance did a royal f*ckup not moving the original inputs before replacing the transaction.

Yes, this might the case, as what the binance team trying to contact the doge dev a year ago base on the twitter thread I have linked above.
And now, it seems like they totally blamed their users for their fault and want some compensation as they required those affected users to send the doge back. Lmao. They should be ashamed for themselves.

[shasan]

Did I get this right? Is this what happened: 19 months ago you withdrew 300,000 Doge ($600) to someone else's address. Binance sent the transaction with a low fee, which didn't confirm. Then they made a new transaction with a higher fee, and you thought it was done. But the original transaction was kept in mempool, and the original inputs where never moved, so when the Doge network lowered it's minimum fee, the 300,000 Doge ($80,000 by now) transaction went through?

If that's the case, Binance did a royal f*ckup not moving the original inputs before replacing the transaction.

Yes you are on the right way. The did the same as you have mentioned. But base on the price of that time is nothing to binance. But if they charge users like me then it will be a burden for us. They may not do anything if the price was same or lower. But now they are trying to blame as now it is too much.

[The Cryptovator]

It's taking me half hour to understand the case (LOL). The fault didn't happen from the user end. It was done by Binance and they should carry the compensation as well. What is the user with the same issue who has no balance and has not been using? Definitely, Binance has to carry the compensation there. Its looks like scamming user. Since Binance cares about reputation, just continue to contact support and social media as well. They are the ones who could help you here.

Imagine how they are feeling those who received the fund 😳

[shasan]

There is no way I would accept to pay that amount. Best thing to do is abandon depositing in Binance for now.

For now the main problem is that I cant withdraw fund and I think many people facing same issue. Also those who has no problem but dogecoin balance on their account are unable to withdraw dogecoin from there.

Imagine how they are feeling those who received the fund 😳

I think many people received more than this amount and they will never repay that. But the problem will happen if user has lower balance and no balance. And on the contrary user will face problem if dogecoin sent to the wallet which is out of the user's control.

[Slavacoin]

I have the same problem. My account has been blocked for withdrawal on this exchange. Support requires the return of coins. I was told that only in this case they will unblock the account. They explain this by the fact that due to the fact that they duplicated the transaction, which was carried out by me at the beginning of 2020, I must return this amount now. And the fact that they mistakenly sent to this address is the basis for binance to consider this address as mine, regardless of whether I have access to it or not.

[LoyceV]

They explain this by the fact that due to the fact that they duplicated the transaction, which was carried out by me at the beginning of 2020, I must return this amount now.

Do they even know how crypto works there at Binance?
[/sarcasm

And the fact that they mistakenly sent to this address is the basis for binance to consider this address as mine, regardless of whether I have access to it or not.

That's BS (from Binance, not from you)! Binance (as far as I know) doesn't require users to withdraw only to their own addresses. That would for instance make it impossible to transfer funds directly to another exchange. It's quite common practice for users to make a payment directly from an exchange or to another person. And on top of that, even if you owned the address, Binance doesn't require you to keep having access to the address you used 19 months ago.

Binance is acting like a bank here, and in this case you told your bank to pay a certain amount. If they repeat that same payment 19 months later, they can't hold you liable for it. What they should do is a big walk of shame for their own mistakes, and man up! They charge users 10 to 100 times more to withdraw than they pay on-chain, so it feels like karma if they now pay the price for being cheap on transaction fees.

They're now just trying to grab funds from customers to limit their own losses. I assume they'll get lawsuits over this.

[Slavacoin]

That's BS! Binance (as far as I know) doesn't require users to withdraw only to their own addresses. That would for instance make it impossible to transfer funds directly to another exchange. It's quite common practice for users to make a payment directly from an exchange or to another person. And on top of that, even if you owned the address, Binance doesn't require you to keep having access to the address you used 19 months ago.

Excuse me, maybe I put it wrong because I use a translator. I meant that binance believes that I have access to the address to which I once send DOGE. Regardless of where the transfer was made. Whether it's an exchanger, another user, another exchange, your wallet or not yours, and so on, there are many options.

[LoyceV]

Excuse me, maybe I put it wrong because I use a translator.

It was quite clear what you meant, and I agree completely. I added a clarification:

That's BS (from Binance, not from you)!

[shasan]

Do they even know how crypto works there at Binance?

They know very well how crypto works and also know the functionality of bank but they are just trying to lower their loss and for that reason they are locking the fund for those from whom dogecoin has been resent. It is okay if they keep it until verification but if they finally do not enable withdrawal option then many a user like me will be losser and many users even suicide for their huge loss.

[JeromeTash]

Do they even know how crypto works there at Binance?

It seems they don't.

Isn't it the same exchange whose CEO wanted to Re-Org the Bitcoin Blockchain after a hack 0f 7000 BTC from their exchange, but everything backfired on them?

Those jerks are too greedy to count simple losses they make compared to the profits they rake daily, and think everything in the crypto world rotates around them.

[shasan]

Update:
They have just informed that I would be able to withdraw fund if I have more then the fund which has been withdrawn to doge. So, if my holdings is 80k and the price of doge is 70k then I will be able to withdraw 10k. but if my spot balance is lower than the doge then I will not be able to withdraw.

[LoyceV]

So, if my holdings is 80k and the price of doge is 70k then I will be able to withdraw 10k.

Any reason why they're counting their scam in dollars and not in Doge?

but if my spot balance is lower than the doge then I will not be able to withdraw.

So any deposit you make will be confiscated until they've drained you for $80k.

Isn't it the same exchange whose CEO wanted to Re-Org the Bitcoin Blockchain after a hack 0f 7000 BTC from their exchange, but everything backfired on them?

They say Binance is actively working with the DOGE project team to resolve the issue. This sounds like they're once again trying to reverse transactions.

Nice to see they (ab)use their fuckup to pretend their made-up centralized tokens are real Doge:

users are still able to withdraw DOGE on other networks during this time.

I can't find any of this on Binance's own site, only external sites mention that Binance is blaming their users for their own problems.

Providing some clarification the Binance situation: 1) A bit over a year ago, Binance notified us that they had stuck transactions. We were not shown these transactions, but it was suggested that they were 'stuck' due to insufficient fees...

2) Binance opted to resend/reissue these transactions. We instructed Binance to use the inputs to the stuck transactions to force them to be invalidated by the replacement transactions. We were not notified as to whether or not they followed these instructions...

3) Binance later notified us that they had account reconciliation issues. We were unable to reproduce those issues with the data we were given by Binance, but we suggested (months ago, now) issuing -zapwallettxes to mitigate the issue...

4) Yesterday we were notified that previously stuck transactions (insufficient fee) had suddenly relayed successfully, post 1.14.5 update - likely because minfees have been lowered in 1.14.5...

5) The sole example we have, from Binance, is a transaction with fees which are valid as of v1.14.5, but were invalid (too low) in 1.14.3 and before. Note, Binance updated directly from v1.14.3 to 1.14.5, in the past few days...

6) Currently what we believe has happened is the previously stuck transactions have been retried automatically, as would happen on each node restart after upgrade - and went through, since now the minfee is lower....

7) Takeaways: Invalid transactions don't have a defined timeout limit, but are typically disposed of due to memory limits. However they can hang around if mempool isn't maintained...

8) Correct handling to cancel a transaction is to spend the to-be-cancelled transaction's inputs to a different transaction, which invalidates the first...

9) For any providers with concerns about stagnant invalid transactions, we recommend stopping the nodes, removing the mempool.dat file just in case, and then starting the node with -zapwallettxes....

10) Moreover, this should likely be done as a routine maintenance practice; especially if you know that a number of invalid transactions have been reissued.

TL;DR: Binance messed up and blames someone else.

Imagine you go to an ATM and take out $500. A year later, the same ATM spits out $100,000 when you're not around and the bank wants you to pay it back! That's basically what Binance is doing now.

Suggestion: fix "Binance" in the title.

[ladibe]

Update:
They have just informed that I would be able to withdraw fund if I have more then the fund which has been withdrawn to doge. So, if my holdings is 80k and the price of doge is 70k then I will be able to withdraw 10k. but if my spot balance is lower than the doge then I will not be able to withdraw.

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

[ScamViruS]

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

Why would you buy more dogecoin? If your account is stuck with Dogecoin's recent problem, you will not be able to withdraw more funds than USD equivalent to that amount of dogecoin. You cannot solve this problem by buying more dogecoin. Many binance traders are currently facing this problem, which is a big problem for traders. This is because binance wants to back an amount of money from all the victims, which is a very large amount at the current market price.

[Dic3L0v3r]

Well, I assume they are not going to unlock your account till you did not deposit.

They ruined a few people's dreams and life.

There is another scam accusation https://bitcointalk.org/index.php?topic=5371666.new

[JeromeTash]

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

How much doge coins do they want you to pay back. If the amount is so little and urgently need the money, maybe you can buy, but if the amount is huge, I would say you wait and see how the whole thing unfolds.

It's Binance who fucked up, not you.

[LoyceV]

It occurred to me that Binance may be playing hard now hoping to encourage users to pay back the money if they still have access to the withdrawal address, with a premeditated plan to take their own losses later. It could be they don't want to risk giving people the feeling they can keep the money.
If that's the case, they may release funds later. But that's just me speculating on some sort of twisted decency.

I tried to find if there's already a lawsuit about this, but all I found was this:

Binance CEO Changpeng “CZ” Zhao ~ said “to be honest, I don’t get dogecoin.”

Well, that's an understatement!

[naim027]

It occurred to me that Binance may be playing hard now hoping to encourage users to pay back the money if they still have access to the withdrawal address, with a premeditated plan to take their own losses later. It could be they don't want to risk giving people the feeling they can keep the money.
If that's the case, they may release funds later. But that's just me speculating on some sort of twisted decency.

I tried to find if there's already a lawsuit about this, but all I found was this:

Binance CEO Changpeng “CZ” Zhao ~ said, “to be honest, I don’t get dogecoin.”

Well, that's an understatement!

I agree with you. Suppose I have access to the wallet that used before and I received that amount from Binance. If I have a bad intention to not return them, it will be hard for them to get back money from me.

Most people won't return the Doge amount if they have less amount on Binance that they receive.

Suppose I have $500 on my Binance account, But I received $1000 worth of Doge. If I have bad intentions, I might run away from Binance.

At the same point, Suppose I have $500 on Binance and They send $100 worth of Dogecoin to the wallet where I don't have access anymore, if they force me, I have to return the $100 so I can get my $500.

It would be good if Binance do what you've said.
We wish if Binance do that. 🙏

[LoyceV]

At the same point, Suppose I have $500 on Binance and They send $100 worth of Dogecoin to the wallet where I don't have access anymore, if they force me, I have to return the $100 so I can get my $500.

Except for the fact that Binance shouldn't make you pay $100 for their mistakes.

[naim027]

At the same point, Suppose I have $500 on Binance and They send $100 worth of Dogecoin to the wallet where I don't have access anymore, if they force me, I have to return the $100 so I can get my $500.

Except for the fact that Binance shouldn't make you pay $100 for their mistakes.

Right. This is the main point. It's Their mistakes. They shouldn't make me pay for their mistakes but there is no choice for me other than to pay them.

I am wondering if they have a BTT account. I searched but there is nothing.

[stompix]

Let me get this right...

I understand what the troubles with the transaction are, what happened but!!!, how is Binance trying to level this up, if I had withdrawn 100k doge which two years ago was worth $300, and now they've sent it again, maybe to an exchange or a gambling site that was shut down during this time, my balance with then is -100k doge at the current price? So I have to pay them back $20k?

Where is that SAFU program now?

[naim027]

Let me get this right...

I understand what the troubles with the transaction are, what happened but!!!, how is Binance trying to level this up, if I had withdrawn 100k doge which two years ago was worth $300, and now they've sent it again, maybe to an exchange or a gambling site that was shut down during this time, my balance with then is -100k doge at the current price? So I have to pay them back $20k?

Where is that SAFU program now?

Right. You got it. They trying to recover that with their own way.

Here are several cases that I've mentioned on my thread.

https://bitcointalk.org/index.php?topic=5371666.0

[LoyceV]

I understand what the troubles with the transaction are, what happened but!!!, how is Binance trying to level this up, if I had withdrawn 100k doge which two years ago was worth $300, and now they've sent it again, maybe to an exchange or a gambling site that was shut down during this time, my balance with then is -100k doge at the current price? So I have to pay them back $20k?

I take it you agree this is a scam.

The low-fee transaction is irrelevant to users who don't own the address. So basically Binance is asking to return a withdrawal from 19 months ago, after it's value increased 200x.

[ladibe]

Guys, the problem seems to be solved

[LoyceV]

Guys, the problem seems to be solved

I think your problem was only related to withdrawing Dogecoin:

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

But I'm not sure what you're trying to withdraw: Dogecoin or dollars?

[ladibe]

No, the withdrawal from my account has been suspended because of Dogecoin, I was required to pay 12 000 Dogecoin

[naim027]

No, the withdrawal from my account has been suspended because of Dogecoin, I was required to pay 12 000 Dogecoin

Then how is your problem was solved? Did you deposit 12000 Dogecoin? Or what? How? Could you please explain more so the community can understand?

[ladibe]

"Dear user, we have conducted a thorough review of your case and your withdrawal function will be reinstated within the next 24 hours. We sincerely apologize for all the inconvenience caused and thank you so much for your replies and cooperation thus far."

[LoyceV]

"Dear user, we have conducted a thorough review of your case and your withdrawal function will be reinstated within the next 24 hours. We sincerely apologize for all the inconvenience caused and thank you so much for your replies and cooperation thus far."

Did they take the $3000 they wanted out of your $5000 spot balance? If not: what did you ask/tell them that resulted in this resolution?

[ladibe]

The withdrawal was frozen in my account, what is required is to return 12,000 Dogecoin, equivalent to $ 3000, now the withdrawal is back again

[stompix]

The withdrawal was frozen in my account, what is required is to return 12,000 Dogecoin, equivalent to $ 3000, now the withdrawal is back again

What everyone is asking..
Did they take those 3000$ with coins from your account or any other amount or are you able to withdraw the entire amount you had one Binance?
So, is your account back as it was previously or the problem as "solved" with paying up?

I take it you agree this is a scam.

I think it's a bit worse than a scam, basically, they are holding accounts hostage will you return some money they have sent out in error but which they can't prove is in your pocket. And there is another problem, what is DOGE goes up to 1$ tomorrow, are those prices going to be adjusted? Of course, some poeple for sure got some extra coins, but to actually blame everyone for this, and this coming from an exchange that claims to hold billions in some SAFU program is clearly no.

The interesting part in this, Binance does a lot of tracking, they probably know that some addresses are owned by other exchanges, I'm pretty sure they have already requested those coins back, is there anyone who has suddenly seen a deposit, and then that was reverted? Or someone that has managed to sell those and is now in the same situation?

[naim027]

 

The withdrawal was frozen in my account, what is required is to return 12,000 Dogecoin, equivalent to $ 3000, now the withdrawal is back again

What everyone is asking..
Did they take those 3000$ with coins from your account or any other amount or are you able to withdraw the entire amount you had one Binance?
So, is your account back as it was previously or the problem as "solved" with paying up?

I take it you agree this is a scam.

I think it's a bit worse than a scam, basically, they are holding accounts hostage will you return some money they have sent out in error but which they can't prove is in your pocket. And there is another problem, what is DOGE goes up to 1$ tomorrow, are those prices going to be adjusted? Of course, some poeple for sure got some extra coins, but to actually blame everyone for this, and this coming from an exchange that claims to hold billions in some SAFU program is clearly no.

The interesting part in this, Binance does a lot of tracks, they probably know that some addresses are owned by other exchanges, I'm pretty sure they have already requested those coins back, is there anyone who has suddenly seen a deposit, and then that was reverted? Or someone that has managed to sell those and is now in the same situation?

Yes. He paid them 12000 Doge and Binance Enabled His withdrawal section. Since he received that 12000 to his wallet that he has access. So it's not an issue for him.
@Shasan Sorry for The Consecutive Post but you might get good news soon. One of the Binance Users got his account fixed without making a deposit.

they opened a withdrawal for me and I brought everything out. I won't be there anymore, goodbye binance!

Have you deposited that requires an amount of Dogecoin?

no, I didn’t contribute anything, I talked to support convincing them that I didn’t have access to the address they sent the dogs to

[shasan]

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

When you will go to withdraw you will see a function called "Deduct now". If you click on deduct now they will deduct the amount which has been resent. Alternatively you can buy the same amount of Dogecoin to enable the withdraw. Note: As further as I know those amount will be deduct permanently. If you have no access of the resent amount then wait for the solution by Binance why you will pay them 3000$ without any reason?

[BitcoinHunt3r]

I have 5000$ balance in Spot, and I have 12000 Dogecoin frozen (3000$), but I can't withdraw 100$, Should I buy Dogecoin?

When you will go to withdraw you will see a function called "Deduct now". If you click on deduct now they will deduct the amount which has been resent. Alternatively you can buy the same amount of Dogecoin to enable the withdraw. Note: As further as I know those amount will be deduct permanently. If you have no access of the resent amount then wait for the solution by Binance why you will pay them 3000$ without any reason?

I heard information that there is a problem with withdrawing Dogecoin so when you make a withdrawal with Dogecoin then binance processes the withdrawal with 2 times it means you get a double withdrawal. If you are one of those who get double withdrawals, then when you make a new withdrawal, you are asked to pay 1/2 of your total withdrawal, meaning you are in debt on Binance.

[shasan]

I heard information that there is a problem with withdrawing Dogecoin so when you make a withdrawal with Dogecoin then binance processes the withdrawal with 2 times it means you get a double withdrawal. If you are one of those who get double withdrawals, then when you make a new withdrawal, you are asked to pay 1/2 of your total withdrawal, meaning you are in debt on Binance.

If in 2020 you sell 600$ to me by taking perfect money and now resent to me that amount of dogecoin now which is about 70k$. Then how you will allow this 70k$ deduction from you, are how you will refill this 70k$? It is totally non-sense.

[martingalecalculator.com]

I heard information that there is a problem with withdrawing Dogecoin so when you make a withdrawal with Dogecoin then binance processes the withdrawal with 2 times it means you get a double withdrawal. If you are one of those who get double withdrawals, then when you make a new withdrawal, you are asked to pay 1/2 of your total withdrawal, meaning you are in debt on Binance.

If in 2020 you sell 600$ to me by taking perfect money and now resent to me that amount of dogecoin now which is about 70k$. Then how you will allow this 70k$ deduction from you, are how you will refill this 70k$? It is totally non-sense.

Absolutely no sense. What Binance did is absolutely illegal.
Today CRO token from crypto jumped 350% it might have a thing to do by people switching from Binance to crypto . Com.
Don't ever think of giving 70k to them. 
Just wait  . 

[shasan]

Absolutely no sense. What Binance did is absolutely illegal.
Today CRO token from crypto jumped 350% it might have a thing to do by people switching from Binance to crypto . Com.
Don't ever think of giving 70k to them. 
Just wait  . 

You are right they are doing non sense and it is illegal. CRO token may increased for pump and dump group I do not think it is related with binance. Though I think almost all the exchanges plays with pump and dump group or they solely acted as pump and dump.

[noorman0]

On the other hand, CZ will giveaway $50k doge to the community and mention "Tesla". https://twitter.com/cz_binance/status/1465309845012287490

I think binance was initially short on $doge stock due to unresolved customer withdrawal issues. Is this just CZ's attempt to cool off his feud with Musk recently? $50k  i think is actually enough value to solve a client's problem rather than spending it aimlessly.

[shasan]

On the other hand, CZ will giveaway $50k doge to the community and mention "Tesla". https://twitter.com/cz_binance/status/1465309845012287490

I think binance was initially short on $doge stock due to unresolved customer withdrawal issues. Is this just CZ's attempt to cool off his feud with Musk recently? $50k  i think is actually enough value to solve a client's problem rather than spending it aimlessly.

I don't think they have shortage of fund it was deducted from them more than a year ago and on that time the price of dogecoin was not so high so they had a little loss and they should have a lot of doge on their hot/cold wallet. The offer is to promote tesla/doge as well as binance. Also, by 50k it is nothing regarding the incident happened with binance.

[hoiantuan]

I got the same problem.Why  i have to pay for their fault ?

Your account is in arrears. The withdraw function is disabled. Click the “Deduct Now” button if sufficient assets are available for the amount in arrears. Alternatively, top up your Spot account balance to proceed.
Arrears amount
77950 DOGE

[shasan]

I got the same problem.Why  i have to pay for their fault ?

Your account is in arrears. The withdraw function is disabled. Click the “Deduct Now” button if sufficient assets are available for the amount in arrears. Alternatively, top up your Spot account balance to proceed.
Arrears amount
77950 DOGE

If you have own the dogecoin wallet then refund that to binance by depositing to your binance account then they will activate your withdrawal. But if you have not the access of the account then wait for them to make active. Also, if you have more fund than this amount then contact with them if you do so you will be able to withdraw the rest of the fund. I mean the above amount of the dogecoin price.

[LoyceV]

I realized something that kinda pisses me off. Allow me to quote myself from another topic:

Allow me to combine those 2 posts:

they sent the BTC on the wrong network and Binance cannot recover the coins.

But if they did not send it on the BTC network then the coins are probably lost forever.

If that's the excuse Binance uses, it's utter BS! Binance made up their own tokens that they sell as "equivalent" for real Bitcoin. Binance owns the real Bitcoin, and they can do as they please with it. If coins are "lost" on their own chain, that doesn't mean the real Bitcoin it lost, it means Binance takes ownership of the equivalent amount of real Bitcoin!

I wonder why binance put BEP2 and BEP20 above Bitcoin Chain.

I'd say the scenario above explains it. Did I mention it's an exit scam waiting to happen?

What this means is that if a user accidentally withdraws to Binance's own fake chain instead of the real Bitcoin, Binance says your Bitcoins are lost. In reality, Binance takes ownership of your Bitcoin because they own the real Bitcoin they "wrapped".
Meanwhile, if Binance fucks up and sends a Doge withdrawal again a year later, they expect the account owner to pay back 200 times the dollar value of the original withdrawal.
What pisses me off is that their stance on the matter takes a complete 180 degree turn whenever it's profitable for them. That's as close to scamming people as it gets!

[naim027]

I realized something that kinda pisses me off. Allow me to quote myself from another topic:

Allow me to combine those 2 posts:

they sent the BTC on the wrong network and Binance cannot recover the coins.

But if they did not send it on the BTC network then the coins are probably lost forever.

If that's the excuse Binance uses, it's utter BS! Binance made up their own tokens that they sell as "equivalent" for real Bitcoin. Binance owns the real Bitcoin, and they can do as they please with it. If coins are "lost" on their own chain, that doesn't mean the real Bitcoin is lost, it means Binance takes ownership of the equivalent amount of real Bitcoin!

I wonder why binance put BEP2 and BEP20 above Bitcoin Chain.

I'd say the scenario above explains it. Did I mention it's an exit scam waiting to happen?

What this means is that if a user accidentally withdraws to Binance's own fake chain instead of the real Bitcoin, Binance says your Bitcoins are lost. In reality, Binance takes ownership of your Bitcoin because they own the real Bitcoin they "wrapped".
Meanwhile, if Binance fucks up and sends a Doge withdrawal again a year later, they expect the account owner to pay back 200 times the dollar value of the original withdrawal.
What pisses me off is that their stance on the matter takes a complete 180-degree turn whenever it's profitable for them. That's as close to scamming people as it gets!

Huh, Complete Scammy. What I just understand from your post, They putting rules or whatever in their favor. As Much I understand, They don't have any explorer or chain for those chains. I guess they are right about losing Bitcoin. Because I guess their system cannot detect if you are sending to the wrong chain. The withdrawal is instant. If you send your bitcoin or whatever coin to the wrong chain, They are lost. In this case, What can do is, They Should create their wrapped BTC wallet address in such a way so that their system can detect that this is the wrong chain And Pop up warning messages to users that you sending to the wrong chai or they can disable withdrawal to the wrong chain. About the 180-degree turn, they are in favor. You keeping your money there. So they have the advantage of doing that shit. If they had a Lending system like Fiverr (Fiverr offers up to $2-3K loan to their Freelancers and they deduct a % as an installment from their income). They would not dare to do that shit. The main Scam thing is they expect lost coins from its users while they say your coins are lost if you withdraw to the wrong chain. So why people should pay for your mistakes? if this is the case, You should pay for users' mistakes.

[shasan]

So why people should pay for your mistakes? if this is the case, You should pay for users' mistakes.

If we have to pay for each others mistakes then we will have nothing on our balance. Users as well as exchanges balance will have to 0 to make loss of each other. It cant be a solution. Hence we should be careful while we made any transaction and exchanges should do accordingly. And users should pay attention at the time of deposit/withdrawal and if there is any mistake made from the side of exchanges then they should take that responsibility. But binance are trying to not taking any liability and which making us confused wither they are turning into scam or not.

[cashfairy]

is it sorted out?

[shasan]

is it sorted out?

Till now I have been notified that I can only withdraw the fund if the fund exceed the Arrears amount. And only the exceed amount and rest of the fund will be on held on their site until the issue resolved. I have not yet received any update after that notification.

[LoyceV]

Any updates on this? I get that it didn't hit too many people, but I'd love to see how a lawsuit against Binance ends.

[BitcoinGirl.Club]

Man! just read the whole case. shasan used $80k as an example, not sure if that's what in question but it's a lot of money.

It's seems the mistake came from Binance end or something wrong with Dogecoin network. Why would a user will suffer for it. And CZ seems very good at his PR, donating million dollars everywhere. Is this how me is making his money and doing charity with others money.

I am too looking forward to learn the update. I hope your account got back to normal.

[naim027]

Any updates on this? I get that it didn't hit too many people, but I'd love to see how a lawsuit against Binance ends.

I guess no. we had a conversation on our local thread. I know a few more members who had the same issue and the last update is the fund on their account is locked. They can withdraw if only they deposit those doges. I don't think everyone can afford it. Binance doing shitty business there. Still, better to not lose hope since they have said they were working with the doge network team. I don't think those transactions can be reversed.

[LoyceV]

Still, better to not lose hope since they have said they were working with the doge network team. I don't think those transactions can be reversed.

Reversing transactions after several months would mean the end of Doge. Or more likely: a fork, after which it continues the way it should and Binance's own Doge fork becomes worthless.

[shasan]

Any updates on this? I get that it didn't hit too many people, but I'd love to see how a lawsuit against Binance ends.

I have not received any update till now. Last update was I will be able to withdraw the fund if the balance is more than the arrears amount.

hasan used $80k as an example

It was approximate amount at that time. Though it should be about 1/3 of that as the price dropped.

[BitcoinGirl.Club]

I have not received any update till now. Last update was I will be able to withdraw the fund if the balance is more than the arrears amount.

All BS. These centralized exchanges are keeping it's clients hostage to recover their lose. How in the earth it's a customer's fault?

I think we need some other options:
1. Having many centralized exchanges so that a small group do not play monopoly game. Binance is playing monopoly game in my opinion.
2. As we become strong, we need to find a way to avoid centralized exchanges and focus on P2P trades and it's better if we have decentralized exchanges where crypto users can spot trade like they do in those centralized exchanges.

It was approximate amount at that time. Though it should be about 1/3 of that as the price dropped.

In other words, you got scammed $80k by Binance. Sorry to hear your lose brother.

[shasan]

I have not received any update till now. Last update was I will be able to withdraw the fund if the balance is more than the arrears amount.

All BS. These centralized exchanges are keeping it's clients hostage to recover their lose. How in the earth it's a customer's fault?

I think we need some other options:
1. Having many centralized exchanges so that a small group do not play monopoly game. Binance is playing monopoly game in my opinion.
2. As we become strong, we need to find a way to avoid centralized exchanges and focus on P2P trades and it's better if we have decentralized exchanges where crypto users can spot trade like they do in those centralized exchanges.

It was approximate amount at that time. Though it should be about 1/3 of that as the price dropped.

In other words, you got scammed $80k by Binance. Sorry to hear your lose brother.

You are right that binance playing monopoly game with its user. And we have to try to avaoid centralized exchange but before that there should have enough decentralized exchange. Centralized exchange do not want to take any loses even if the fault occured by the exchange like this case.

[BitcoinGirl.Club]

Centralized exchange do not want to take any loses even if the fault occured by the exchange like this case.

I think the customers do not care if they are in lose or profit, the same applies to Binance itself. Clearly in this case things were wrong from Binance side as it happened with several other users too. If they make a mistake they are responsible to make it right. In-fact they were liable to compensate you for the security breach in your account instead they are punishing you as it was your fault.

To resolve this issue what are you going to do? Will you really deposit the money they are asking to make it level or you are going to leave the account for good or you are going to take legal actions against them.

[LoyceV]

In other words, you got scammed $80k by Binance. Sorry to hear your lose brother.

He got scammed for the amount he had in his account (hopefully a lot less than $80k).

In-fact they were liable to compensate you for the security breach in your account

There was no security breach. Just a dumb mistake of broadcasting a low-fee transaction for 19 months, so lack of internal wallet maintenance.

or you are going to take legal actions against them.

There's of course a reason Binance is hiding in the Caymen Islands.
If Binance would really have a case against shasan, they would have been the one taking legal action.

[shasan]

If they make a mistake they are responsible to make it right.

You are right and I agree with you.

In-fact they were liable to compensate you for the security breach in your account instead they are punishing you as it was your fault.

It has not security breached. It sent automatically from their hot wallet which was stuck for their low fee and they resent that on that time. But they had not cancelled those transaction which was stuck for low fee.

To resolve this issue what are you going to do? Will you really deposit the money they are asking to make it level or you are going to leave the account for good or you are going to take legal actions against them.

I have just contacted with them and not trying to do anything more for now. I have not deposited any and I will not do that as it was not my fault and those address is not mine.

He got scammed for the amount he had in his account (hopefully a lot less than $80k).

Yes, you are right that the amount is less than 80k. It is not too small and base on my country it is a huge amount.

If Binance would really have a case against shasan, they would have been the one taking legal action.

They will not do that as that was their fault.

[BitcoinGirl.Club]

It is not too small and base on my country it is a huge amount.

Only Binance know what will be their final decision but I hope this amount was not such huge amount for you that you can not afford to lose. I wonder why it's taking so long too. Looking at the topic creation date it's been around 4 months. If it's about cancelling a transaction or being stuck in the network for lower fees then should it really take ages?

[shasan]

It is not too small and base on my country it is a huge amount.

Only Binance know what will be their final decision but I hope this amount was not such huge amount for you that you can not afford to lose. I wonder why it's taking so long too. Looking at the topic creation date it's been around 4 months. If it's about cancelling a transaction or being stuck in the network for lower fees then should it really take ages?

The amount I will lose is not affordable but nothing to do as they will claim once upon a time I have used that wallet but they will deny that the wallet wasn't mine. Also, though the amount is not affordable for me but it is obviously a small amount for binance. So, I am optimistic that I will get all of my fund today or tomorrow. Just I have to be patient, nothing else.