๐ **Binance CEO Refutes Allegations of Freezing Palestinian BTC Assets** ๐
In a recent twist, Richard Teng, CEO of Binance, has dismissed claims made by Ray Youssef, founder of NoOnes, that the crypto exchange froze Palestinian assets at the behest of Israeli authorities. Youssef's August 26 post on X accused Binance of complying with directives to freeze accounts linked to Palestinian users.
Teng responded on August 28, labeling the claims as "FUD" (fear, uncertainty, and doubt). He clarified that only a limited number of accounts, associated with illicit funds, were blocked. Teng emphasized Binance's adherence to global anti-money laundering regulations.
Youssef, however, criticized Teng's response, accusing Binance of succumbing to external pressures. The debate continues, but one thing is clear: BTC remains a hot topic! ๐๐ฐ