账户冻结

Recently, a long-term user of the OKX exchange publicly exposed the process of their account being frozen, revealing various irregular operations the platform took when handling user funds. According to this user's description, their account experienced freezing, repeated submissions of various personal information, and endless certification requirements within just a few weeks, leading to an inability to withdraw account funds normally. More seriously, the platform required users to provide personal privacy information beyond a reasonable scope and used account freezes as a "coercive" measure. This incident has drawn widespread attention in the industry and exposes the conflict between regulatory compliance and user safety in the operation of decentralized financial platforms.

The past few months have seen an increase in the freezing or restriction of bank accounts of crypto professionals in the UK, US, and EU. They say you don’t really care until it happens to you, and this week it really happened to me. I was very surprised that it came from where I least expected it.

Despite certain limitations, Revolut has long been seen as the most crypto-friendly bank in the U.K., offering in-app crypto purchases and eventually adding the ability to send and receive crypto in 2023.