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Binance’s Client Account Freezing Strategy: A Systematic Legal Concern And Global Compliance Challenge!
Crypto exchanges have come under increasing scrutiny. Binance, one of the leading global crypto exchanges, has drawn particular attention for its practices related to freezing client accounts without explicit explanations. This analysis seeks to hypothesize the systemic nature of these actions under the stewardship of new CEO Richard Teng, whose prior experience with regulatory bodies has yet to manifest change in this contentious area.