A group of Colombian users sued Binance for not being able to access their funds for more than five months.
Binance has informed users that their accounts have been blocked for illegal activities. The accounts obtained funds illegally, according to the exchange. Some users even claimed that funds were obtained from their accounts without their consent.
Andrea Torrente, one of the names whose account was blocked, said in an interview with Latin American crypto site Criptonoticias 15 days ago that he had to take legal action through his lawyer. However, for now, he has not received an official response from Binance’s legal representative in Colombia or the relevant authorities.
Some users have close to $1 million in funds in their accounts. One of the users claimed that he had more than a million dollars on the exchange when his account was suspended. The user stated that he could not profit from the Bitcoin rally due to the block. Another user, Juan Pombo, emphasized that $143,000 was blocked and therefore he went bankrupt.
While not all affected users have large sums of money, they were even willing to spend more money than they had in their account, if necessary, to ensure justice.
Another user named Cesar Maya has a slightly different situation. Maya unwittingly bought crypto from people connected to the deep web. This crypto was blocked by Binance even though it didn’t even have 1% of its funds.
Maya’s attorney assured Maya that she could not hold the company’s funds as it was easy to prove goodwill when purchasing assets. It was stated that the blocks of people who had problems similar to those experienced by Maya before were removed.
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