[CRYPTO CRISIS] Traders Predict Binance Insolvent After No 3Commas Refund – Crypto Crash Incoming?

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[CRYPTONEWS] After a Twitter user complained that Binance and CEO Changpeng “CZ” Zhao had done nothing to help them recover monies they believed were stolen from their account, Binance terminated the user’s account. The client has three days to make a withdrawal request.

A Twitter user known as CoinMamba trades futures and invests in cryptocurrency.

The individual began tweeting about Binance on Tuesday after alleging that they had lost money in their Binance account when an API key associated with the cryptocurrency trading site 3Commas was compromised.

Users of FTX, Binance, and Coinbase, who thought they were signing up for third-party trading bots like 3Commas, fell for a phishing scam in which their exchange API identities were stolen and used to steal money from their accounts. [FULLSTORY]

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