#FUD #TelegramCEO
Richard Teng has dismissed allegations made by Ray Youssef, founder of peer-to-peer Bitcoin (BTC) trading platform NoOnes, that the cryptocurrency exchange froze Palestinian assets on the platform at the request of Israeli authorities.
The controversy began following Youssef's August 26 post on X, where he accused Binance of complying with directives to freeze accounts connected to Palestinian users.
Teng dismisses claims as “FUD,” Youssef hits back
Teng responded to these claims in a post on X on August 28, describing them as “FUD” — an acronym for fear, uncertainty, and doubt. He further said that only a limited number of accounts were blocked from making transactions and that all of them were linked to illicit funds.