Can my crypto accounts be frozen?
One of the biggest advantages that blockchain technology offers is that, under no circumstance, no one can ever “freeze” your digital assets if you store them properly.
There’s no such thing as a person or entity that can press a big red “Freeze” button to block your account—let alone the existence of such a button.
This is one of the many game-changing features of decentralized finance: Users have 100% control of their assets and can even do so anonymously, while their money remains secured on the blockchain.
Banks and governments are practically incapable of influencing blockchains—even if they tried.
However, you need to know where governments can apply pressure. If you’re using Binance’s hot wallets for long-term crypto storage, this would be considered a bad idea in the crypto community. #BinanceTournament #WhaleAlert $SOL