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CryptoTokenPostKorean, translatedFiled 52 min ago

ELBANK offers further explanation amid account freeze controversy… "Circumstances suggesting about 50 devices used on one account"

Original headline엘뱅크, 계정 동결 논란에 추가 해명…"한 계정에 기기 약 50대 사용 정황"

Open the sourceReported by TokenPost, tokenpost.kr, 11 November 2026, by 박아인

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

LBank has issued a second round of clarification after a dispute over frozen futures trading accounts and withdrawal restrictions, saying one flagged account showed signs of use across roughly 50 different devices. The exchange said the restrictions were risk-management measures triggered by abnormal access patterns rather than by trading profits, and that the user was able to withdraw 100% of deposited principal before publicly raising the issue. LBank added that only funds potentially tied to abnormal activity remain locked. The case matters because it highlights how exchanges are tightening device- and KYC-based controls on multi-account and shared-access trading, and traders will be watching whether LBank discloses more detail on its review process and releases the remaining balances.

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

LBank, LBank user