NewStats: 3,264,091 , 8,182,571 topics. Date: Monday, 09 June 2025 at 04:08 PM 1n6x5s

Most of you guys blaming Binance for disabled or locked various Nigerian without notice. Let me open ur eyes. If you have come across foreign country like western world suspend Binance in their country. It's actually FBI pressure. Do you know cryptocurrency transaction is constantly transparent & traceable. Some Nigerian are aware this but they couldn't understand fully the transparency in cryptocurrency. From example. Binance has policy, they don't disclose their information of their clients to FBI and their platform is highly secured due to CZ (Owner of Binance) experience in programming, he doesn't higher programmer or developer to work on Binance platform in order to prevent compromise.
This is it, most yahoo boys in Nigeria. Whenever they duped their clients they usually ask him or her to convert the proceeds to cryptocurrency or BTC when the client send the btc to their wallet some of these G boys will transfer it to verified exchange with their identifications. If FBI is informed about yahoo boy fraudulence the will start tracking the btc transaction. If they they trace to Binance or Hotbit exchange FBI will start pressurizing aforementioned exchange to disclose person behind the because it's verified one meaning it has all your information. Let me tell you this. Every wallet address of all cryptocurrency exchange has their name attached to it. FBI is actually know the exchange that owns the address but they don't have identity of the holder. Sorry for grammatical error.

After sending my ID

They said 1 month , all my life savings is there..

Binance sha

Wizklynd23:
Binance have blocked mine too

Below us our conversation
This is real for those saying otherwise

Atleast you don try provide the info dem ask you. I believe yours ll be sorted in no time

Wizklynd23:
After sending my ID

They said 1 month , all my life savings is there..

Binance sha

Chaiii!! It's a pity. But just keep following up.. you wont lose your funds

Most of those transactions are proceed of frauds.

Blessedassuranc:


Chaiii!! It's a pity. But just keep following up.. you wont lose your funds

I will continue doing so hopefully they freed my , the whole thing is depressing and annoying

tonididdy:


... So in reality it is gambling

Not really... Buy low, if the price is up you've made something. There are other ways round it but, this is like a basic thingy.

CUMIN:
Most of those transactions are proceed of frauds.

Stop talking ignorantly on issues you have no idea about.

If you did not complete jss3,it doesn't mean you should engage in discussions with people who are intelligent with regards to a specific issue just because the issue is been discussed on nairaland.

FreeStuffsNG:


Cc Seun Mynd44 Lalasticlala

I did nothing to you,stop screaming the mods name anyhow

Essenza01:
Binance is discouraging crypto bureau de changers... if you have fund in Binance, then it should be attached to a coin and not just storage that increases inflation globally.

Someone having $500k in USDT and not attached to a coin is totally wrong. As you you have deprived your nation of capital rotation thereby increasing borrowings and inflation.

I've learnt that any of your portfolio not in usdt isn't your funds, learn to take profit

PaNnamdi:

Stop talking ignorantly on issues you have no idea about.

If you did not complete jss3,it doesn't mean you should engage in discussions with people who are intelligent with regards to a specific issue just because the issue is been discussed on nairaland.

I have been a of binance since 2017. I know what Nigerian are capable of...I have never been flagged

nineone:

You're not making any sense. So it's the job of a bitcoin trader to run an AML on any address he wants to buy from? Like before you buy from someone, you ask him to send you the wallet he's sending from so you can run an AML Compliance with an intelligence tool? The OSINT don't work accurately, so you're putting the duty on Nigerians to start buying compliance softwares?
When the get frozen for fraud, who takes the money?
Nobody bro,

nineone:

You're not making any sense. So it's the job of a bitcoin trader to run an AML on any address he wants to buy from? Like before you buy from someone, you ask him to send you the wallet he's sending from so you can run an AML Compliance with an intelligence tool? The OSINT don't work accurately, so you're putting the duty on Nigerians to start buying compliance softwares? No
When the get frozen for fraud, who takes the money?

Nobody bro

nineone:
Paxful froze my 11 BTC since two years

what's your offence?
if you dey among dem wey dey carry trade off-platform & the potential buyer's dey report ur profile, guy nah sorry for your cryptos

bmdmix11:
see as dem dey lie with d amount dem get

Everybody on twitter is rich

tonididdy:
I don't even understand ah! about this crypto shit but one thing I know... E nor different from bet9ja

smh

NairalandMD:

Binance keh...
Paxful All The Way

paxful na dead platform, I have over $1800 in my paxful , banned for over 2yrs now

Didn't experience such ooo


Freelancing gets better with good gigs and great reviews,And if not you ain't doing it right,and that's where I come in to help u get it right even as a newbie. Check my signature for more info

Wizklynd23:
Binance have blocked mine too

Below us our conversation
This is real for those saying otherwise

From your interactions with them, you seem like a genuine person ready to provide all the information needed for verification but unfortunately most of the guys crying online are scammers. I hope they lift the suspension on your .

/
Binance is not a scam.

Nigerians like to brag about being smart in the scamming game. Binance is showing them that they are novices. If your is frozen, you will feel the pain of those mugu whose money you stole.

Many of you may not be scammers but you tacitly them. This is one of the prices you have to pay for living in a society where crime is celebrated. Your tweets are inconsequential. Will anyone in the world be sympathetic to you hearing that Nigerians have been scammed?

/

Stephenmoka4:
Not really... Buy low, if the price is up you've made something. There are other ways round it but, this is like a basic thingy.

In your previous post, there were a lot of if's and let say


Those are a gamblers anthem... Not saying you should it it but I think it's gambling

PapaNnamdi:
Nigerians are so dumb,
Especially the youths
Bunch of dumb lazy useles brainless kids who want to drive cars and all squat in a 2bedroom flat,

There is no future for this country,
These youths can't be teachers doctors or lawyers in the next 15years..
Dumb pieces of shit

Binance will shut down your wallet if a fraudulent transaction is traced to you,
Binance can trace transactions, and recently fraudulent transactions by our leaders of tumoro Is all over the Blockchain, they steal alt coins through phishing, send it to separate wallets and sell to you wey de trade crypto, u buy and sell to make profit,
If u still have traces of the stolen coins or you bought them unknowingly, you are on your own..

Everybody everywhere In the country is into fraud, what rubbish..

They can track all transactions except for Monero....

nineone:

You're not making any sense. So it's the job of a bitcoin trader to run an AML on any address he wants to buy from? Like before you buy from someone, you ask him to send you the wallet he's sending from so you can run an AML Compliance with an intelligence tool? The OSINT don't work accurately, so you're putting the duty on Nigerians to start buying compliance softwares?
When the get frozen for fraud, who takes the money?

Your last line... Answer: binance of course.
It's free cash.
Y'all in to this shit are trying... Well it's gamble, you win some, you ....

kenny714433:
I am indifferent towards this trend.

Assuming I have like 5M, honestly I wouldn't want to save it in naira, rather I'd buy a coin even if its stable coin. Imagine buying 5M worth of coins and Binance freezing my ...


There's also no doubt that more than 50% of those complaining are into fraudulent activities. Imagine wiping someone's life savings without having any remorse

I blame it on the poor customer service of Binance, they should have communicated the offence before suspending any . That would have shut up the mouth of fraudsters.

[/b]Eg. Dear , a transaction has been traced to your which has been reported by the with CA 0x261AC.......4927...as a result your has been permanently suspended.[b]

Ppl dey forbid paxful?

PapaNnamdi:
Nigerians are so dumb,
Especially the youths
Bunch of dumb lazy useles brainless kids who want to drive cars and all squat in a 2bedroom flat,

There is no future for this country,
These youths can't be teachers doctors or lawyers in the next 15years..
Dumb pieces of shit


Binance will shut down your wallet if a fraudulent transaction is traced to you,
Binance can trace transactions, and recently fraudulent transactions by our leaders of tumoro Is all over the Blockchain, they steal alt coins through phishing, send it to separate wallets and sell to you wey de trade crypto, u buy and sell to make profit,
If u still have traces of the stolen coins or you bought them unknowingly, you are on your own..

Everybody everywhere In the country is into fraud, what rubbish..

You’re a very foolish, insensitive ignorant goat

temmyejo:


They can track all transactions except for Monero....

well I read recently it could be traced also but not sure if that is 100% true......if u use a BTC mixer,the coins u receive will be 100% clean too

You can watch the video below on platforms aside binance you can trade on

https://www.youtube.com/watch?v=9PCxB2nfwDA
#Binancestopscamming

This is the sort of problem or crime we are supposed to refer to EFCC and our NAss to legislate against to prevent ban any company carrying out such malpractices from operating in Nigeria and to make law that makes such malpractices a criminal offence with appropriate penalties and sanctions for offenders. This is what our useless overpaid legislators are meant to be doing instead of eat groundnut and cracking jokes in parliament.

slimanyd:
Lol. Nexo did same for me as well about 2 months ago. My 1k$ was locked up in there system. Chatted and chatted there rep , Send multiple mails, No response. After about 2 months. Those fools later send me a mail that I should transfer out my coin within 7 days that they are closing down my . I quickly zeh my funds to my blockchain instantly.

Guess there excuse , They said have gone against there and condition. Like wtf , Nexo wallet wey I dey use buy and sell crypto for people for the past 1 year. Nah when 1k$ enter from Instant naira where I dey always buy my bitcoin, Them sabi say I don go against one foolish T and C. I was even happy I did not buy bitcoin from a 3rd party person maybe they would have changed the story for me.

But binnace no dey show love sha. Since u don't want them to use ur wallet again. Release there coins to them and let them go somewhere else. This shit . they can't do it with all those white niggas . They will sue there ass off. Awon ole

At least they allowed you to withdraw