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Binance Seizes Palestinian Funds at Israel's Request (thecradle.co)

submitted 3 months ago by shreddy_scientist@lemmy.ml to c/worldnews@lemmy.ml

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Crypto exchange platform Binance has seized the accounts of numerous Palestinian users at the request of the Israeli government for allegedly being linked to “illicit funds” and “terrorist organizations.”

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[–] shreddy_scientist@lemmy.ml 12 points 3 months ago

Couldn't agree more, I don't even see the benefit here for Binance at all, this will be horrible for their PR. Especially since most crypto investors view cryptocurrency as a way to circumnavigate government financial control and the associated inflation. Regardless if you love or hate crypto, FUCK Binance through and through!