One Twitter user on Thursday accused the world’s largest cryptocurrency exchange, Binance, of blocking his corporate account holding about $1 million in assets since July 1.
Binance through its Twitter handle responded to the accusation directly which according to Binance, the account was frozen in response to a request by the law enforcement services.
Binance in the response also noted that the user has been notified several times before the action was taken, the exchange also furthered that it is required to comply with the requirements of such a law enforcement agency, Binance concluded in the tweet that the step is “the same as any other exchange.”
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Binance Takes a Jab on Twitter
Following Binance’s response on Twitter to the accusation, there were several allegations by commenters against Binance on similar events.
Some say that Binance could no longer be trusted.
Another user accused Binance of a similar issue, according to the user, his frozen account had more than 2 BTC at the time it was frozen.
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