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Binance CEO

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Binance CEO speaks out on blocking Palestinian Crypto assets
August 28th, 2024 - 10:32 GMT

Binance CEO speaks out on blocking Palestinian Crypto assets

ALBAWABA - Richard Teng, Chief Executive Officer of Binance, has addressed complaints on recent reports claiming the cryptocurrency exchange has blocked the assets of Palestinian users in response to a request made by the Israel Defense Forces calling it a "FUD" (which stands for fear, uncertainty, and doubt). An administrative seizure order issued in accordance with the legislation on “Combating Terrorism” established the basis for these claims, which appears to ...
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