Binance reportedly seized assets of hundreds of accounts of following IDF request

[Burak]

Binance under scrutiny for seizing Palestinian crypto funds

Binance crypto exchange seized funds from Palestinians upon request from the Israel Defense Forces, according to Paxful co-founder Ray Youssef.

cointelegraph.com

Binance's CEO called it FUD and denied that they blocked all Palestinian accounts, but he stated some ~insignifiant~ number of accounts blocked due to 'illicit' activity.

https://twitter.com/x/status/1828688000894787800

By other hand, leaked documents show that over 600 clients (mostly Palestinian; also Syrians, Lebanese, Turks) have been restricted (and I think it's important to mention that some of them are not residenting in the Palestine):
Dropbox (source)

Ironically, it seems like Binance support is asking Palestinians to contact IDF about the investigation:

https://twitter.com/x/status/1828451333214486540

 

[burden]

At least he’s honest about the whole situation, but it’s a real mess that politics can get involved in this too!

 

[Burak]

At least he’s honest about the whole situation, but it’s a real mess that politics can get involved in this too!

Considering Binance is not an Israeli company, it's pure political in my opinion. They (Binance Global) already don't comply with many requests from different countries regarding terorrist supporting.
Question: Will Binance be able to seize assets of an European Palestine-supporter when Israel claims such activity is terrorist-supporting?

 

[JackAlabama]

incidents like that happening is great for a decentralized adoption. Hopefully people will learn and learn how to hold the keys themselves.

This neo-banking system is as bad as the fiat banking system.

 

[avalanche]

Hopefully people will learn and learn how to hold the keys themselves.

"It won't happen to me" — They won't

 

[wellington]

Have to be a prized prat these days to use Binance.