binance lawsuit

Colombian users have filed a lawsuit against Binance Exchange for blocking their accounts.

Binance has reportedly suspended a handful of customers’ accounts for around 5 months. They are currently planning to bring a lawsuit in this regard. The most intriguing aspect is when someone transfers funds into an account and immediately receives an email claiming that the funds cannot be accessed because they were obtained through illicit means.

Colombian Binance users were in a same scenario.

More than 5 months have passed since the Colombian consumers’ group reported their accounts being blocked by the cryptocurrency exchange owing to allegations that their friends were acquired from illegal operations.

Binance customers reported being restricted for over 5 months

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