Reports: Binance confiscates and freezes Palestinian accounts at Israel’s request..widespread discontent
- Rumors circulated that Binance had seized Palestinian crypto assets, sparking outrage in the community.
- These allegations may also expose Binance to the Boycott, Divestment, and Sanctions movement.
Despite the rumors, this case is a reminder of the risks associated with centralized exchanges.
Recently, rumors have been circulating on the X platform (formerly known as Twitter) accusing Binance of freezing Palestinian users’ assets at the request of the Israeli Defense Forces (IDF). The rumors stem from a document allegedly issued by the Israeli government, outlining an administrative seizure order related to the Anti-Terrorism Law.