Fri, September 20

Binance User’s Scream With #BinanceStopScamming In Twitter

Binance User’s Scream With #BinanceStopScamming In Twitter Exchange News

Social media are the platforms to fire up things within a fraction of a second whether it is positive or negative content. When regarded in the crypto sector Twitter pops up to be the prominent social media platform to post their suggestions and faults. It’s been a practice for users to trend the tweet with a series of posts.

Scams, hacks, and fraudulent activities have become a common part of the crypto industry while people notice it regularly. Since the wide adoption of cryptocurrencies, it is being witnessed that a series of crypto heists have occurred. Notably, some funds have been retrieved from hackers, while others remain untraceable.

Significantly, Binance also got trapped into the scamming part driving users to screech on Twitter. Users are roasting Binance with the trending tag Binance Freezes Account For No Reason

The talk about the scam issue of Binance is turning the heads of Twitter users towards the case. Following the tweet of one person, many victims appeared to pour out their problems regarding their frozen accounts. On the other hand, it is believed that the exchange targets African people to loot all their money.

Most of the people are holding cryptocurrencies worth thousands of dollars whose accounts are freezed for no reason. A trader named Mickey Mickson has posted that his account is frozen for the past 4 months which holds over $500K. Consequently, many tweets are popping up with the tag #BinanceStopScamming believing that they’ll get a solution sooner.

As most of the frozen accounts belong to Africans, it is illustrated that Binance targets them for no tangible reason. In fact, several people’s coins have been locked for years, months, and days till now without any reason. Finally, they have raised their voices to bring this matter to the attention of the public via social media in the hopes of receiving a proper response. Given that the CEO of Binance, Changpeng Zhao, has been cited in a number of tweets, this issue is likely taken into account of his contemplation.

A devoted content specialist who is inquisitive on exploring crypto and blockchain technology. She is fond of providing innovative contents that tugged her to write for NewsCrypto.