Firstly - NOT YOUR KEYS, NOT YOUR COINS!! Never leave large amounts of cryptocurrency on any centralized exchange.
“CEXs should be treated like brothels: you go in, do your business, and GTFO” —Anonymous
TL;DR: Israel’s CTF did request to enforce “temporary seizure of property of a terrorist organization” which led to over a hundred accounts frozen.
When Binance customer support was contacted regarding these funds, the account owners were directed to contact a phone number belonging to the Israeli police authorities.
Seems pretty run of the mill to me, no need for outrage or erroneous FUD. Read about it here:
https://crypto.news/binance-denies-allegations-of-seizing-mass-palestinian-funds/
“Binance said that “only a small number of user accounts, linked to illicit funds, were blocked from transacting.” Per the spokesperson, the movement comes as Binance tries to “comply with internationally accepted sanctions legislation.”
“There have been some incorrect statements around this.” A Binance spokesperson told crypto.news Show Less
