Richard Teng denies that all Palestinian accounts have been blocked from trading on the Binance crypto exchange and adds that it is all FUD. He stated that the exchange only restricted access to accounts that were proven to be dealing with illicit funds.

The actual CEO of Binance, went public and shared his views on the matter and added that many things seen online are not correct. Teng told the public and community, that Palestinians accounts that have violated the international laws have been affected by the scrutiny and won't be able to trade in the platform. He was literally forced to come out after several outlets and famous accounts mentioned that the largest crypto exchange in the world was blocking and seizing all Palestinians accounts.

I mention in my morning post, that Binance could in fact block or restrict some accounts to trade in the platform but that they would block anyone, hum that was a bit exaggerated. Now the actual Binance CEO clarity that some of them following international laws to combat terrorism and/or money laundering where in fact given a lock and forbidden to deal in the exchange.

He didn't explained if the blocked accounts will resume trading or something else will happen to them or any enforcement would be needed further. Despite all explaining, there are people who dont believe in that and appeal to Binance CEO to be more human and tell the truth to the community and the crypto public. Remember:

CONTENT IS KING!