Quote from: Potato Chips on April 12, 2025, 10:37:40 PM

Oh man, CEX closing your account, funds frozen, you're kept in the dark why and they're hard to get ahold is probably my biggest CEX nightmare.

And imagine if you're just an average folk with no big connections to people like Skel, it would be much difficult to apply public pressure to escalate your case.

Pretty much what happened in this thread, see: BINANCE STOLE OVER $10K FROM ME – NEED HELP FROM THE COMMUNITY

The OOP basically get shut down by binance everytime he opens a support ticket 😓

They have Terms of Service to allow them doing this legally, and play their cards against customers easily.

Be careful using Binance & Centralized Exchange.

Quote from: The Cryptovator on May 02, 2024, 08:51:09 PM

A few days ago, I had an issue with Binance. For my marketing services, I had been receiving funds in my Binance account. One of my clients sent me 15 BNB there, and he had used Tornado Cash to mix his BNB. I had used Binance for trading; hence, I received funds there to increase my portfolio. So after receiving funds, Binance froze my account. Even they don't ask for any explanation.

OKX frozen my account and required me to KYC with a less than $1,000 deposit.

Quote from: hugeblack on July 05, 2023, 06:26:21 AM

Today, after seeing the news that the OKX platform requires KYC, I logged into my account, and from there a small notice appeared to me that there are limits of $ 1000 (lifetime) for deposits and withdrawals, so I decided to deposit $50 to try it for the last time. After deposits, they directly frozen my account and asked to verify ID/selfie before doing anything.

Sanctioned Services and the service traceability to this forum, Any danger?

Quote from: Fivestar4everMVP on December 01, 2023, 11:57:28 AM