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Bullish
How my friend lost 50,000 USDT on Binance.
About a month ago, my friend was trying to withdraw 50,000 USDT from his Binance spot wallet to his business partner's wallet on Bybit, his business partner provided him with a BEP20 network wallet address.
During the process of withdrawing/transferring the 50,000 $ in USDT, my friend mistakenly touched the opBNB network instead of the BEP20 network and proceeded to withdraw.
The USDT has never been reflected in my friend's Bybit wallet to this day.
Lesson: Always check and confirm wallet addresses and their corresponding networks before withdrawing.
Disclaimer: Third-party opinions included. This does not represent financial advice. There may be sponsored content.
About a month ago, my friend was trying to withdraw 50,000 USDT from his Binance spot wallet to his business partner's wallet on Bybit, his business partner provided him with a BEP20 network wallet address.
During the process of withdrawing/transferring the 50,000 $ in USDT, my friend mistakenly touched the opBNB network instead of the BEP20 network and proceeded to withdraw.
The USDT has never been reflected in my friend's Bybit wallet to this day.
Lesson: Always check and confirm wallet addresses and their corresponding networks before withdrawing.
Disclaimer: Third-party opinions included. This does not represent financial advice. There may be sponsored content.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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