Hey, suspicious funds Binance deposit warning… no authority to unfreeze after freezing
Original headline허이, 의심 자금 바이낸스 입금 경고…동결 뒤 해제 권한 없다
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Binance co-founder He Yi warned users not to deposit funds of questionable origin—such as discounted "U" stablecoins from friends, coins sent by relatives, or proceeds from business in Myanmar or Cambodia—because Binance cannot unfreeze assets that law enforcement has blocked. She said Binance applies global compliance standards and its compliance team can flag related addresses even before funds arrive. The warning matters because frozen deposits leave users without recourse through the exchange itself, shifting the burden onto senders to verify fund provenance.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Binance, He Yi, PANews