🚫 Binance CEO Richard Teng denies allegations
Richard Teng dismisses claims by Ray Youssef that Binance froze Palestinian assets at Israeli authorities' request.
🤔 Teng calls accusations "FUD"
Teng describes the allegations as "FUD" (Fear, Uncertainty, and Doubt) in an August 28 post on X.
📉 Only a limited number of accounts were blocked
Teng states that only a few accounts linked to illicit funds were restricted from transacting.
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💰 Binance adheres to anti-money laundering regulations
The CEO emphasizes that Binance follows internationally accepted anti-money laundering rules like other financial institutions.
✌️ Desire for peace in the region
Teng expresses hope for lasting peace in the Middle East, amidst the controversy.
🔥 Youssef condemns Teng's response
Ray Youssef criticizes Teng's statement as an attempt to downplay the issue and make Binance look worse.
💬 Allegations of Israeli influence on global financial structures
Youssef claims that Israel wields significant power over the world's financial and media systems, forcing Binance to comply with their requests.
📄 Letter from Paul Landes: Head of Israel’s National Bureau for Counter Terror Financing
The letter purportedly rejects an appeal against a seizure order dated November 1, 2023, linking funds to organizations labeled as terrorists by Israel's Minister of Defense in 2022.
Check out the full article for more details on this controversy surrounding Binance and Israeli authorities.
