According to CoinMeta, Wu said that a Korean trader alleged that after lbank helped the trader profit from contract trading, it restricted the account’s ability to withdraw funds and trade, resulting in some positions being unable to be manually closed and ultimately leading to forced liquidation. Currently, there is still about 1 million USDT that cannot be withdrawn. The user claimed that lbank did not provide any evidence of abnormal trading. On November 10th, lbank responded that it would not restrict accounts merely because users made a profit, stating that the affected accounts were suspected of violating internal rules. The users’ investment principal had already been withdrawn, and the currently restricted funds are identified as being related to abnormal trading. lbank has hired a Korean law firm and stated that it will take legal action against false and defamatory statements. On-chain investigator Zachxbt criticized lbank as an offshore, low-quality centralized exchange and questioned multiple KOL for using highly similar rhetoric to defend the platform.