Hi
I receive some money from my friend to my USDT address on binance web wallet from month to month. If my friend somehow fakely demand the money legally/illegally on binance from my wallet, can he get any money from my wallet in the future? Is that possible?
Is it safe to save USDT and BUSD on binance for long term?
The only was that your friend can recover the funds he sends you is through involving the police to write a formal letter about his case and demand binance to return your friends money. Binance is centralized exchange so they are legally obligated to follow the law they are being asked with proper documentation to backup the request. It is not advisable to store your fund on centralized exchange especially on your case that you are doubting your friend as source of your funds to eventually get back his money that he gave you before.