PANews reported on November 24th that, according to @cryptobraveHQ, Binance appears to have initiated a crackdown on illegal arbitrage activities during the Alpha airdrop, freezing multiple user accounts. One account had 14,457 USDT frozen, with an outstanding balance of 10,525.77 USDT. Screenshots show Binance stating that users "violated regulations on the Alpha platform and improperly obtained airdrops." Binance co-founder He Yi subsequently responded that "ordinary users are not affected."PANews reported on November 24th that, according to @cryptobraveHQ, Binance appears to have initiated a crackdown on illegal arbitrage activities during the Alpha airdrop, freezing multiple user accounts. One account had 14,457 USDT frozen, with an outstanding balance of 10,525.77 USDT. Screenshots show Binance stating that users "violated regulations on the Alpha platform and improperly obtained airdrops." Binance co-founder He Yi subsequently responded that "ordinary users are not affected."
Binance recovers illegally obtained Alpha airdrop proceeds and freezes user assets.
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PANews reported on November 24th that, according to @cryptobraveHQ, Binance appears to have initiated a crackdown on illegal arbitrage activities during the Alpha airdrop, freezing multiple user accounts. One account had 14,457 USDT frozen, with an outstanding balance of 10,525.77 USDT. Screenshots show Binance stating that users "violated regulations on the Alpha platform and improperly obtained airdrops." Binance co-founder He Yi subsequently responded that "ordinary users are not affected."
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