Binance CEO tweets about ‘temporary’ ban on withdrawals from Investing.com


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by Jeffrey Smith

Investing.com – Binance, the largest cryptocurrency exchange, has temporarily suspended customer withdrawals written CEO Changpeng Zhao on Twitter on Monday.

Zhao blamed the “Prohibited Deal”, which should take about 30 minutes to resolve.

Temporary blocking of withdrawals from BTC dollars on me # finance Due to a prohibited transaction caused the backlog. It should resolve within about 30 minutes. “Updates will follow,” Zhao said.

The suspension comes just hours after Celsius Network, one of the leading crypto finance pioneers, decided to suspend withdrawals due to “extreme market conditions.”

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