A group of consumers has stated that their accounts were stopped by Binance for approximately 5 months. At present, they intend to file a lawsuit in this respect. The most interesting thing is that a person deposits funds into an account and then at once gets an email stating that the respective funds cannot be accessed because they have come from illegal operations.
The same situation was experienced by the Colombian consumers of the crypto exchange who traded crypto through Binance.
More than 5 months have elapsed since the Colombian consumers’ group has posted a report of their accounts’ blockage by the crypto exchange due to the allegation that their friends have been gathered from some illegitimate operations, as stated by the FIOD (Netherlands-based Tax Information and Investigation Service). A few of them even mentioned that their Funds have been taken off from their accounts.
Binance customers reported being restricted for over 5 months
Andrea Torrente is one of the affected consumers who revealed in an interview conducted on the behalf of Criptonotixians (a Latin America-based crypto news platform) that 15 days back, she was compelled to move toward legal options via her lawyer to attempt recovering account which has been blocked by Binance.
Nonetheless, no official response has been shown by the legal representative of the crypto exchange or the Colombian authorities in this respect.
Apart from this, she disclosed that only those people’s accounts have been unblocked who were not provided with a blocking notification on the behalf of the FIOD. As per her, this week comes to be the deadline for the legal representative of Binance as well as the rest of the authorities to be notified.
A few among the customers had more than $1 million within their accounts. Among the customers was one who had nearly $1 million in his account on the exchange which was suspended afterward
The customers committed to sue Binance
He was then unable to make a profit from the upsurge in Bitcoin’s value Just like many of those including Juan Pombo (The person who had up to $143,000 blocked). Even though all of the crypto traders were not having similar amounts of funds in their accounts, a commitment has been pronounced by the group to go to any possible consequences to have the justice served. They asserted to spend additional funds for lawyers for the lawsuit.
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