Today the crypto world is shocked to hear numerous reports from the USA traders stating that the Binance started to block USA accounts
Funds are safe?
At the moment of this publication, most of the US citizens are still able to access their account by cheating the “Are You from the USA” question upon registration and login.
They did warn US
On Sunday, users reported that another warning was sent to the US IP Binance users stating:
“We noted your account may be associated with the U.S. due to an IP address you connected from in the past. In-line with regulatory requirements, we are unable to provide services to U.S. citizens or residents.”
Recently Forbs have published a report, accusing Binance in a regulations fraud, using an “elaborate corporate structure designed to intentionally deceive regulators and surreptitiously profit from crypto investors in the United States.
To all of my gun slinging, cowboy hat wearing and whiskey sipping brothers on a free lands of America, I suggest withdrawing your funds from Binance to avoid possible problems in the future. Who knows, one day you might be unable to log in even with a VPN and your funds will remain safe forever in the Binance vaults.
Written by John B