Binance users claim $400,000 has been frozen due to a court order from the United States
2026-11-12 19:01:19
According to CoinMeta, a Binance user reported that approximately $400,000 (400,000 USDT) from their account was frozen due to an order from a federal court in Colorado, USA. The user, identified as Shawn, stated that they had earned around $340,000 from futures trading but encountered restrictions when attempting to withdraw the funds. Shawn shared their complaint on social media, mentioning that Binance's customer service advised them to contact the court to resolve the issue. Shawn expressed surprise at this unexpected development and claimed that their trading activities were legal, with all sources of funds being traceable. This incident has drawn attention to Binance's compliance procedures, and users may face additional compliance checks when attempting to withdraw funds.
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Source:Cryptonews
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