Recent rumors on X (formerly Twitter) suggest that Binance may have frozen the assets of Palestinian users under pressure from the Israel Defense Forces (IDF). These claims are based on a document, allegedly from the Israeli government, which refers to an administrative seizure order tied to anti-terrorism laws.
The document, translated from Hebrew, indicates that funds from crypto wallets linked to declared terrorist organizations were seized. The document mentions that Israel’s Minister of Defense approved the action based on intelligence. However, it does not explicitly name Binance.
The crypto community has reacted strongly, fueled by a screen-recorded video allegedly from a Palestinian user showing a Binance customer service message about an account freeze ordered by Israeli law enforcement.
While Binance has yet to comment on these allegations, the exchange’s history with Israeli authorities includes past cooperation. In May 2023, Israeli officials seized Binance accounts connected to Hamas and the Islamic State.
This incident has sparked calls for Binance to clarify its stance and highlighted the risks of using centralized exchanges. The phrase “not your keys, not your coins” resonates strongly, as users are urged to retain control over their assets.
