🔶At Binance, we understand that blocking accounts can be frustrating for users. Currently, no specific actions are being taken against users in Ukraine. For our part, we make every effort to promptly review and verify each specific case, and our teams are actively working with users who have encountered this fact.

As a centralized exchange, we adhere to the principle of security of our users' funds and always remain in close cooperation with regulatory and law enforcement authorities. It is our job to comply with local, state laws to ensure compliance with all necessary requirements.

Different jurisdictions around the world have strict regulatory rules. These norms are mandatory for compliance by both crypto exchanges and law enforcement agencies. One of the most common tools used by law enforcement agencies is to temporarily block accounts. This is a measure that applies when, for some reason, it is believed that an account may be violating our Terms of Service.

It is important to understand that law enforcement agencies often have to freeze multiple accounts to determine which ones are or are not participating in their investigation. Unfortunately, this means that these investigations can often temporarily affect innocent users.

✅Binance puts the safety of its customers first, and we continue to invest in the best people and the best technology in the market to keep up with the ever-changing ecosystem.

We also want to remind you that users are also responsible for managing their crypto assets. Therefore, it is extremely important to know where users send their funds and where they receive them from.

We will continue to implement measures to protect our users from attackers, and expand our capabilities for conducting investigations and assessing threats.

👉You can find out about possible reasons for blocking an account and how users can unblock it atour blog
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