Heo Yi: "Judicial freeze requires cooperation from all financial institutions"... Binance transfer warning
Original headline허이 “사법적 동결은 금융기관 모두가 협조”…바이낸스 이체 경고
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Binance co-founder He Yi said judicial asset freezes require cooperation from all financial institutions, noting the relevant case has entered litigation with a clear evidence-gathering process. Separately, she urged Binance users to scrutinize the source of funds before transferring assets to the exchange, citing examples such as discounted USDT from friends, on-chain transfers from relatives, Myanmar business earnings, Cambodian gambling proceeds, and friends' money briefly passing through an account. The warning matters because Binance can freeze or reject deposits tied to tainted funds, exposing users to locked assets even when they are not directly involved in a dispute. Watch for further guidance from Binance on deposit source-of-funds checks and for developments in the ongoing litigation.
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, Tether