- Binance users in the U.S. are experiencing difficulties withdrawing funds to banks.
- While Binance claims it's due to banking disruptions, users and critics are skeptical.
- The issue arose after Binance found itself in a legal dispute with the CFTC.
According to a Wednesday Twitter post from Binance, the exchange paused deposits and withdrawals âfor a small subset of users.â
https://twitter.com/BinanceUS/status/1641121413850431488 Binance cited ârecent banking developmentsâ for the move, pausing withdrawals âout of an abundance of caution.â The exchange added that it expects to restore withdrawals for all users soon.
Binance Users Went Anger, Withdraw En Masse
Binance users were generally unhappy with that explanation. Many demanded their money immediately and...