Binance suspends trader's account after complaints on Twitter

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The trader now has three days to withdraw funds after his account was closed for being an 'unreasonable' client.

Crypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange's response for alleged funds theft. Binance CEO Changpeng “CZ” Zhao said the firm does not want to service"unreasonable" clients.

The trader claims in a series of tweets that Binance was unable to provide him with appropriate support:

 

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Lol… absolutely get off these damn exchanges. Use them to exchange currency, but do not keep it on there, ever. No more than a few minutes at most and get off.

🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩

Get out of centralized exchanges

Correction: Binance closed that user’s account based on 1. the way he which he treated and threatened CS, 2. The fact that he wanted Binance to step up for his mistake (i.e. pay him) - for all we know it’s possible this user was even IN on the alleged fraud.

Futureemartinez are doing a trading challenge. $10,000 to profit $100,000 in two weeks. Expected monthly Gain %500+ %1500 You can trade without any trading experience. They trade for you automatically with Fx token Bot and they have a full refund policy.

Hope this is not true, kind of risky

Do you keep your money on exchanges

DeFi fixes this.

cheater trying to get some money, thats all

1?

Eh his account needed some maintenance. Should be back up soon.

Hahahaha..i rather read real drama on twitter than ur articles..or atleast CoinDesk articles than u...hahahha

Centralised response.

All scammers should be removed from Binance.

If he applied a year ago, then this is not very cool.

SBF_FTX is this you? Lol

Why am I not Surprised. TwitterFiles should be a good example of how major tech companies operate - binance likely has more skeletons than Twitter does.

Shame on you as usual, literally twisting the real news ( trader used an api leaked from a third party) with the intention to fud binance, you clown.

Chinese front company 💀 they love censorship for wrongthink

If you're careless with you API keys, it's not Binance's problem when someone uses them to manipulate your account and steal funds. Protect your private keys... For API's AND wallets....

If true, I would say that CZ has every right to tell anyone to fuck off. That is what centralisation and private enterprise are all about. Don't like it? Well then use decentralised services where the software is immune to your accusations, ethnicity and dubious personal hygiene.

Scammers are not able to survive at Binance

On my 5th account now 🤪

I'm not a big fan of CZ and his growing monopoly but damn, do your due diligence and stop releasing articles that either get the facts wrong or miss half of the story.

Surprise surprise don’t link Twitter to any exchange

coinmamba

Any business has the right to refuse service to anybody and continuing to do business with someone vocally and very publicly criticizing and attempting to undermine and sabotage your business would make no sense at all.

You reporting is just getting worse and worse... He didn't complain, he blamed Binance for something that was clearly his own fault and threatened to make them pay, one way or another. And he refused to let it go, continuing to criticize and convince people to leave the platform.

Kinda disingenuous to report it this way. The user in question had an API leak from a 3rd party, and then proceeded to ask Binance for a refund and kept pestering them. Not a big fan of Binance, but they're a private business that can close their business to whomever they choose

coinmamba you 🙄

Happened to me 🥹🥹

wow. guess we know which exchange will be next.

Yikes! Not a smart move from Binance. Word of mouth is the most powerful advertising

byebinance

Theres a missing part in your story.

Binance is definitely a Chinese operation if this is how they behave.

Coinmamba deserves it. A huge baby

coinmamba

CZ single-handedly bringing China's social credit score system to $crypto, and the rest of the world.

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