Binance Accused of Freezing Palestinian Users’ Crypto Asset

Quick Summary:

Accusations surfaced on August 26 alleging that Binance, one of the largest cryptocurrency exchanges globally, has been freezing Palestinian users’ crypto assets at the behest of Israeli authorities.

According to claims made by Noones CEO Ray Youssef, Binance has been taking money from Palestinian users at the instruction of Israeli officials.

This claim, brought to light by Ray Youssef, the co-founder of Paxful and CEO of Noones P2P platform, sparked concerns about the autonomy of cryptocurrency exchanges and user privacy.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaIsraelUkraine

Topics: Accused Freezing Crypto asset News Palestinian Users BINANCE Latest News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 10:18:17 (5 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 487 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22290556

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 1 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #121

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