Binance On The Spot For Seizing Crypto Funds From Palestinians

9/13/2024 2:23:08 PM

(MENAFN- Investor Brand Network) Crypto exchange Binance has reportedly come under fire for
allegedly freezing crypto
from Palestinians at the behest of Israeli authorities. On Aug. 26, 2024, Ray Youssef, CEO of the Noones P2P Network and cofounder of Paxful,
stated
on X (formerly Twitter) that Binance had frozen Palestinian funds after receiving a request from the Israeli Defense Forces (IDF).

Youssef revealed that Binance had declined to restore the money and that the impacted Palestinians' pleas had been turned down on all counts. He cited a letter from Israeli authorities as proof of what transpired. He also voiced worry that people in other nations, such as Syria and Lebanon, would face...

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