Binance partially unblocks user accounts suspected of ties to Suex
On September 28, six Binance clients who were blocked due to alleged ties to the sanctioned exchanger Suex, blocked due to alleged ties to the sanctioned exchanger Suex, told ForkLog that the restrictions had been lifted from their accounts. The funds were not touched.
Users noted that at the time of unblocking they had not received any further messages from exchange representatives.
They have now moved the assets to secure wallets.
Meanwhile, ForkLog’s editorial inbox received a new letter from a Binance client who was affected by the blockage.
In a conversation with ForkLog, he, speaking on condition of anonymity, said that the account became inaccessible on September 21. So far the user cannot confirm any link between his case and the checks regarding Suex, as he has not received a response from support about the reasons for the blockage. However, he asserts that he has never deliberately used this exchange or darknet marketplaces.
“I have margin positions of $200,000 open. Orders won’t close, assets are at risk. And they assure me that the funds are safe and there’s no need to worry,” the affected person said.
He has $350,000 in his account.
“I write to support every day. They told me they need another 24-48 hours to verify the origin of funds. Meanwhile, the previous check with the data I provided had already begun on September 24 and was also promised to be completed in 24-48 hours,” the user added.
Binance representatives told ForkLog that they are intensifying security measures across the ecosystem on a daily basis.
“We cooperate with law enforcement around the world to curb illegal activity in the cryptocurrency industry. Periodic verifications are part of this policy,” they noted.
ForkLog will continue to follow the developments.
As reported, on September 21 the Suex exchange site, its corporate entities, as well as 25 addresses in the Bitcoin, Ethereum and Tether networks were added to the U.S. sanctions list.
The U.S. Treasury says that through the platform funds of operators of at least eight ransomware programs, scam projects, darknet marketplaces and the now-closed BTC-e exchange were processed.
The analytical company Chainalysis found that, among other things, Suex processed transactions of the WEX exchange worth several million dollars.
Assets tied to cybercriminals accounted for up to 40% of Suex’s turnover, analysts involved in the investigation calculated.
Later, Binance reported the removal of several accounts linked to Suex addresses in accordance with internal security measures.
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