Imagine: you’re sitting in the evening, looking at the BTC chart, laughing at the shorts… And then there’s a summons. Not for war, not for elections, but for interrogation. Because it turns out that somewhere in the past you transferred some 3 BNB to an address that the investigator now considers part of an “organized crypto-criminal group.” And here you’re no longer a trader, but a “person who may possess information.”
Congratulations! If you use Binance, then any of your transactions is like an Instagram story: it can disappear, or it can remain in the screenshots of the SBU investigator. Why? Because Binance implements AML policies, cooperates with law enforcement agencies, and upon request provides information about your deposits, withdrawals, and even IP.
Who is interested in your wallet?
— Tax: "Why is there no report for 2023?"
— SBU: “What is this 100 USDT from a citizen of the Russian Federation?”
— Police: "Explain where you got 15 transactions from the wallet that appears in the fraud."
— Neighbor: because he saw you arrive in a jeep and wrote a statement with the text: "Lives in wealth, works in construction..."
Binance, by the way, unlike Metamask, has KYC, recognizes your face and is not ashamed to show it if a request comes in. And that's it — hello, anonymity, goodbye, crypto romance.
Court cases? Already there are. One guy just bought 200 USDT in P2P and withdrew it to a cold wallet. And then it turned out that the seller's wallet was on the sanctions list. And now this guy, in addition to Ledger, also has a deal with the police.
So the next time you make a transaction, put on your hood, look out the window, and think: "Will Binance hand over my wallet to investigators?"
Hint: if there was more than 1000 USDT, he would transfer it. And with joy.
$BTC $ETH $BNB #StopLossStrategies #BTCvsMarkets #DiversifyYourAssets #PowellRemarks #NextCryptoETFs?
