Binance for alleged embezzlement in the criticism

Several times it was not in the last few years, allegations in Binance everything to go with the right things. In the latest case of alleged embezzlement.

Groundless refusal of the account to access or legally?

It is by no means the first Time that it is said in the environment of the Bitcoin and crypto exchange Binance rumors – careful – about not quite legal machinations there. The company your booth several times in the past under attack by industry of internal control. At the last count-but rather messages to the supposed wealth of the Binance CEO and fundraising activities of the company, in the world of course. The new charges of the service provider hack control throw, in turn, is currently in a poor light to the operator. It comes to the topic of embezzlement, which has been accused of a number of competitors at previous time points from industry experts. It comes to the princely sum of the equivalent of almost 860.000 US dollars. The amount should be in digital currencies, so to speak, lost in the globally successful and is currently one of the most influential stock exchange.

The stock exchange has accused the account holder

The critics say that the company should have blocked the sum on an account. The experts appointed on the advice of the relevant, but not well-known owner of the account. It is not an acute incident, but the Information for a period of 18 months. As long as the Account is already not available. Since the end of 2018, the holder cannot access his account. Resulting from discussions between hack control and the said customers of the exchange. As an affected currencies of the service providers in addition to Bitcoin also called units of Litecoin, Ethereum, Zcash, EOS, and IOTA. Other Coins are to be involved. In the home Binance you do not took the criticism to an earlier date seriously. Rather, the platform according to the aim of the account held currencies were not passed lawfully into the possession of the account holder.

Re class action suit by users against the exchange

In this context, we have also informed the police authorities in the South Korean home of the User on the suspect. The authorities, in turn, have caused a block. The account user, in turn, wants to have the investigators informed legal checks to his Position under the walls. The specialist cyber crime in the home and hack the control point, in turn, to the fact, you’ve already made several similar events. It is conceivable that employees of the stock exchange customers have misappropriated funds in his own interest. A class action lawsuit seems to be on the way. The stock market is doing currently, probably the only Right thing: keep To the back with reactions and Statements – also on the subject of manipulation of the stock market balance sheets, which have been repeatedly discussed. The economic success of Binance as a Bitcoin provider, the criticism does not affect, at least for the time being.