![]() Related: Thiel, Novogratz Back $10B Funding for Block.one’s New Crypto Exchange Subsidiary (And, by the way, Catherine Coley is stepping down, to be replaced by former Acting Comptroller of the Currency Brian Brooks). Out of desperation he sought information online and wound up texting the mother of Binance.US CEO Catherine Coley so he could get his funds unstuck. 8, but he received emails from Binance complaining about the chargeback still a week later, according to screenshots shared with CoinDesk. Hitchens paid the chargeback to reconcile his balance on Feb. “Then Binance informed me that the hold was because of a $20 chargeback on my account for a transfer I never made.” “I traded in some harmony tokens for and couldn’t withdraw them,” Hitchens told CoinDesk. Related: Dfinity’s ICP Token Sees Extreme Price Volatility Amid Bevy of Exchange Listingsīut then Binance.US froze his account for what he called “little to no reason.” When he opened his Binance US account last year, he thought he was doing the responsible thing by moving his funds off Binance’s original exchange to deposit them onto the Uncle Sam-approved counterpart, as he was prompted when Binance began sweeping U.S. ![]() The names of all clients cited in this article have been replaced by pseudonyms to protect their privacy. and around the globe have had their accounts frozen for unconventional reasons. But since at least late 2020 Binance users from the U.S. It’s not uncommon for exchanges to have downtime or freeze withdrawals at times of hot market activity. Binance Global exchange halted withdrawals Monday in a “temporary suspension” that affects all its users, as did other exchanges such as Coinbase.
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