{"id":136422,"date":"2024-08-29T17:00:05","date_gmt":"2024-08-29T14:00:05","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136422"},"modified":"2024-08-29T14:38:15","modified_gmt":"2024-08-29T11:38:15","slug":"binance-denies-blocking-palestinian-accounts-amid-middle-east-conflict","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-denies-blocking-palestinian-accounts-amid-middle-east-conflict\/","title":{"rendered":"Binance Denies Blocking Palestinian Accounts Amid Middle East Conflict"},"content":{"rendered":"<p>Binance has refuted these claims, stating that only a few accounts linked to illegal activities were affected.<\/p>\n<p>Binance CEO Richard Teng has <strong><a href=\"https:\/\/x.com\/_RichardTeng\/status\/1828688000894787800?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1828688000894787800%7Ctwgr%5E90897518abf41a9f3df855f7c92511a33e52fe7a%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.cryptopolitan.com%2Fbinance-denies-palestinian-accounts-frozen%2F\" target=\"_blank\" rel=\"nofollow\">denied<\/a><\/strong> the reports of a comprehensive ban, explaining that the restrictions were applied solely to accounts involved in illicit transactions, in accordance with international anti-money laundering laws.<\/p>\n<p>The controversy began when Ray Youssef, CEO of NoOnes, accused Binance of freezing Palestinian users\u2019 funds under IDF pressure and refusing to return them due to alleged links with a Gaza-based terrorist group. These accusations have raised concerns about potential bias and government influence on the exchange.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/openai-seeks-major-funding-boost-aiming-for-100-billion-valuation\/\" title=\"OpenAI Seeks Major Funding Boost, Aiming for $100 Billion Valuation\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/07\/openai-logo-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">OpenAI Seeks Major Funding Boost, Aiming for $100 Billion Valuation<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Binance\u2019s spot trading volume has dropped by 23% over the past month, a significant decrease from its previous market dominance. Co-Founder Yi He assured that Palestinians can still use Binance without restrictions, specifying that only a limited number of accounts were impacted.<\/p>\n<p>Investor Simon Dixon criticized Binance\u2019s increased regulatory scrutiny, comparing its current operations to those of a bank, and suggested that geopolitical influences might be at play. Meanwhile, the situation in the West Bank has worsened, with recent Israeli military actions in Jenin and other areas resulting in at least nine deaths.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week\u2019s escalation in the Israel-Palestinian conflict has brought scrutiny to Binance, with claims suggesting the exchange blocked all Palestinian accounts at the request of the Israeli Defense Forces (IDF).<\/p>\n","protected":false},"author":3,"featured_media":136423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-136422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance Denies Blocking 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