Binance has been accused of seizing funds from “all Palestinian” users after a request from Israel’s military, which the company denied — stating that it only seized a limited number of user accounts that were linked to “illicit funds.”
The company told Anadolu News that, “As a global crypto exchange, we comply with internationally accepted anti-money laundering legislation, just like any other financial institution.”
Ray Youssef, the CEO of crypto marketplace NoOnes, posed on X that Binance “has seized all funds from all Palestinians as per the request of the IDF. They refuse to return the funds. All appeals denied.”