Analysis Today TheBitTimes.com

Binance customer support has responded to a slew of angry users who are having problems with card withdrawals, which began three days after the Department of Justice indicted Binance and its former chief Changpeng Zhao (CZ). The crypto exchange is “unable to process card withdrawal s to card services,” the official Binance customer support account has said to numerous users.  The problem appears to have started on November 17, just three days after the sealed indictment against Binance and its former CEO, CZ, were filed. These indictments were released earlier this week when both pled guilty and agreed to pay $4.4 billion in fines. Hi Eric! We are currently unable to provide card withdrawal to card services, we are working to resolve this. In the meantime, users can access alternative withdrawal channels here: https://t.co/F2XzhemQKz If you require more assistance, feel free to reach out to us at our chat:… — Binance Customer Support (@BinanceHelpDesk) November 24, 2...

Cryptocurrency exchange Coinbase has denied reports that it has introduced $5,000 weekly limit s on Bitcoin (BTC) withdrawal s. In a post, one user X (form. Twitter) claimed he had encountered a limitation on withdrawing Bitcoin from Coinbase. The limit was $5,000 per week. The post received over 250,000 views, over 420 retweets, and almost 2,000 likes. It also caught the attention of cryptocurrency researcher Chris Black, who asked if anyone could verify the claim made. . @Coinbase is limiting bitcoin withdrawls. I just tried to send BTC from Coinbase to my cold wallet, and encountered a NEW $5k/wk withdrawl limit policy (implemented 10/13). I've been a Coinbase customer for 10 years. GET YOUR BITCOIN OFF EXCHANGES!!!! — Colin Brown (@thecolinbrown) October 23, 2023 It later turned out that there are no restrictions on withdrawing BTC to Coinbase. According to the user, exchange support contacted him and unblocked BTC. “Unfortunately, they offered a prett...