![]() However, Adam Cochran, a vocal critic of Binance, took to Twitter on July 11, expressing skepticism towards the exchange’s reassurances. You can remain confident that your assets are protected and secure, and such spreading doubts can’t alter this fact.”Ĭochran’s Confrontation and the Call for Proof consumers, and it operates in strict compliance with U.S. Significantly, the platform announced the resumption of complete BCH withdrawals by Sunday night, reaffirming the security of their customer’s assets.īinance.US, in a formal Twitter post, affirmed, “In an environment where uncertainty, doubt, and fear propagate rapidly, we want to stress that Binance.US was founded to serve U.S. Consequently, BCH withdrawals were temporarily suspended until the technical mess was rectified, and regular deposit, hot, and cold wallet flows resumed. Moreover, the platform confirmed that this glitch impacted no other tokens. ![]() However, Binance.US reassured its users that the pause was due to a “technical issue” within the deposit sweeping system. Adam Cochran, the prominent founder of the venture capital firm Cinneamhain Ventures (CEHV), notably criticized Binance.US and its CEO Brian Shroder for their silence amid the ongoing situation.Įarlier this week, customers experienced an unexpected halt in BCH withdrawals. Binance CEO’s silence adds fuel to controversy amid regulatory scrutiny.īinance.US, the American division of the renowned cryptocurrency exchange, recently became involved in a controversy concerning Bitcoin Cash (BCH). ![]() Cochran questions Binance’s intentions and demands transparency and proof.Binance US calms BCH FUD and attributes the withdrawal halt to a technical glitch. ![]()
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