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Binance suspends a number of Russian-language accounts in connection with the Bitzlato case

Wootfi News by Wootfi News
30/01/2023
Binance suspends a number of Russian-language accounts in connection with the Bitzlato case
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The world’s largest cryptocurrency exchange has already blocked several accounts without warning.

The accounts were mainly owned by Russian-speaking users – some owners complained about the inability to withdraw funds from the site in the telegram chat.

There are about 1,000 users in the chat of the victims – they associate the blocking with the case of the Bitzlato crypto exchange, which the crypto exchange is currently investigating. Many chat participants write that they used Bitzlato for both deposits and withdrawals. Many of them are outraged by the sanctions applied to the crypto exchange.

A Binance representative said that the blocking is indeed related to Bitzlato – the crypto exchange has suspended user accounts from Eastern Europe and the CIS countries. However, the work of most accounts has already been resumed, the employee assures.

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