Binance has faced several difficulties this year. Now, issues have surfaced regarding withholding funds from users of its P2P marketplace.
Then, things took a turn for the worse when it announced that customers of the exchange would be unable to withdraw amounts under $100,000 via the SWIFT global payments network.
Binance was also forced to shut down some accounts related to the Russia-based Bitzlato exchange after it was found to have used Binance for illegally funneling funds. Most recently, there was found to be an intermingling of funds and customer wallets relating to its B-Tokens, which are wrapped assets that can be bridged across different networks.
Now, users of its P2P (peer-to-peer) marketplace have lashed out at the exchange for allegedly restricting their accounts.
Customers across the globe are facing issues accessing their funds on the Binance P2P crypto market. Binance started blocking P2P accounts that make multiple transactions of the same amount and from the same person.
(By Shubham Pandey)
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