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Binance Helps Law Enforcement Agencies Ban Chinese Accounts Brings Controversy

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Author:Colin Wu Recently, some Binance users in the Chinese community found that their accounts were temporarily suspended due to requests from some law enforcement agencies. The screenshots spread that caused a great panic in the community. Binance took the rare step of issuing two back-to -back statements . First statement on August 19: In response to the recent incidents of account blocking for assisting in the investigation, Binance Chinese Channel responded: Binance will never do anything to harm the interests of users out of self-interest, especially the recent rumors. Globally, the platform party is obliged to provide necessary assistance when law enforcement agencies in various countries put forward reasonable needs for assistance in investigations, However, some recent incidents were purely maliciously distorted and interpreted. Please treat the rumors rationally, and we will continue to pay attention. Second statement on August 24 released more information: In response to the...