
KEY POINTS
- Noones App's Ray Youssef first broke the news, posting a letter Binance sent to users who appealed the block
- Binance said there were "some incorrect statements" about the matter, adding that "only a small number of users were affected
- A growing number of crypto users are calling on the community to boycott Binance
Binance is under fire for allegedly seizing "all" Palestinian funds upon the request of the Israel Defense Forces (IDF) and appeals to have their digital assets access reinstated have allegedly been denied. The issue comes amid the raging war between Israel and Hamas.