Richard Teng, the CEO of Binance Exchange, responded to recent fears regarding mass censorship in Palestine. Addressing the issue on social media platform X, Teng clarified that only a few user accounts linked to fraudulent activities were restricted.
In his statement, Teng emphasized that there have been some incorrect statements about the situation, aiming to dispel the anxiety.
He urged users to rely on accurate information to understand Binance’s actions amidst the growing FUD (fear, uncertainty, and doubt) against the exchange.
