- The account is under the name Alexander M. The Binance Exchange has blocked it.
- The reason for this is, as mentioned, that the trading platform mentioned the request of law enforcement authorities of Ukraine.
- Alexander had bought cryptocurrency from a friend for cash, and no access to his account is also limited.
Recent news suggests that a customer has lost access to funds. Along with it, the ability to withdraw the money upon receipt in the USDT purchased account has also been stopped.
The account is under the name Alexander M. the Binance Exchange has blocked it. The account has limited access to its money. In addition, it is also excluded from the possibility of withdrawal.
The reason for this is, as mentioned, that the trading platform mentioned the request of law enforcement authorities of Ukraine. The client had told RBC that the crypto that he had was a citizen of Russia. It also claims that he has not carried out any activities on the territory of another country.
The user considers the possible reason for blocking the account to be the receipt of USDT on his account. Later in December Alexander had bought cryptocurrency from a friend for cash, and no access to his account is also limited.
As Alexander said, he had purchased USDT for cash on December 23. He added that he sent cash from his Binance wallet. A few weeks later his account was blocked.
To solve the problem, Alexander had called on the support of the exchange. They demanded of him a video with a passport and a request to unlock the account. After the requirements were met, Alexander received a reply that would resolve the question about lifting restrictions within 30 days.
Alexander's case is not the only one. Post this, several other users immediately reported to RBC-Crypto about such locks, but they are not related to the appeal of law enforcement agencies of Ukraine.
The head of Binance and CIS, Gleb Kostarev, had confirmed the presence of this problem. He also noted that such locks could occur at the request of authorities and had requested not to sue FUD.
He also added that the support service had already contacted the user and would inform about further steps.