Don't transfer money of unknown origin to Binance yet: He Yi says it could be frozen by law enforcement, and the platform has no authority to unfreeze it
This afternoon, Binance co-CEO He Yi posted a warning: funds of unknown origin—such as “discounted USDT from a friend,” “coins sent on-chain by a relative,” “money from doing business in Myanmar,” “payments collected in Cambodia,” or “a friend’s money that just passed through your account”—should not be transferred to Binance. This is a risk-control warning, not an announcement of a new hack or a blanket suspension of deposits and withdrawals, and it does not mean ordinary deposits will be frozen.
What matters directly to you: He Yi said Binance follows strict global compliance standards, and some suspicious addresses have been flagged before funds reach the platform. Once transferred in, such funds may be subject to a freeze by law enforcement. Media outlets including Wu Shuo also reported that these cases are usually complex and take a long time to investigate, and Binance has no authority to unfreeze the funds on its own. The risk is that if law enforcement flags the source of the money, you may be unable to access it for a long time after it is deposited.
The next thing to check is whether you know the path of these funds and who you are transacting with. Don’t mistake “some suspicious addresses may be flagged” for “all deposits will be frozen.”
Have you recently received an offer of “discounted USDT,” or been asked to collect an on-chain transfer for someone?
This is not investment advice.
Source: He Yi’s post (as reported by Wu Shuo, PANews, and ChainCatcher) · 2026-11-08 approximately 17:35–18:00 HKT
#币安 #何一 #资金安全 #合规 #B Media
This afternoon, Binance co-CEO He Yi posted a warning: funds of unknown origin—such as “discounted USDT from a friend,” “coins sent on-chain by a relative,” “money from doing business in Myanmar,” “payments collected in Cambodia,” or “a friend’s money that just passed through your account”—should not be transferred to Binance. This is a risk-control warning, not an announcement of a new hack or a blanket suspension of deposits and withdrawals, and it does not mean ordinary deposits will be frozen.
What matters directly to you: He Yi said Binance follows strict global compliance standards, and some suspicious addresses have been flagged before funds reach the platform. Once transferred in, such funds may be subject to a freeze by law enforcement. Media outlets including Wu Shuo also reported that these cases are usually complex and take a long time to investigate, and Binance has no authority to unfreeze the funds on its own. The risk is that if law enforcement flags the source of the money, you may be unable to access it for a long time after it is deposited.
The next thing to check is whether you know the path of these funds and who you are transacting with. Don’t mistake “some suspicious addresses may be flagged” for “all deposits will be frozen.”
Have you recently received an offer of “discounted USDT,” or been asked to collect an on-chain transfer for someone?
This is not investment advice.
Source: He Yi’s post (as reported by Wu Shuo, PANews, and ChainCatcher) · 2026-11-08 approximately 17:35–18:00 HKT
#币安 #何一 #资金安全 #合规 #B Media
