Date: June 2025
On May 7, 2025, Velvet Crypto (VLV) officially ended its listing on Binance, one of the world’s largest cryptocurrency exchanges. But weeks later, thousands of users are still asking the same question:
Where are our funds?
The Velvet project has not released user funds, has offered no clear communication, and has left its entire community in the dark. Even more concerning: Binance has remained silent.
❓ How Can Binance Allow This?
Binance prides itself on trust, security, and user protection. But in this case, serious questions arise:
Why did Binance approve Velvet’s delisting without a transparent exit process for users?
What obligations do projects like Velvet have toward users after delisting?
Why hasn’t Binance stepped in to pressure Velvet to return or unlock funds?
Where is the accountability — for both parties?
When exchanges allow projects to list, they benefit from trading volume and visibility. But shouldn’t there also be responsibility to protect the users who put their faith and funds into these projects?
⚠️ The Velvet Silence
Velvet Crypto’s social channels have gone mostly quiet. There’s no timeline, no public statement, and no wallet update. The funds many users rightfully own — some holding since the early phases — are trapped without explanation.
This isn’t just a Velvet issue anymore. This is about trust in centralized platforms, and whether they do enough to defend their users when something goes wrong.
📣 Users Deserve Answers
To both Velvet Crypto and Binance:
We demand transparency.
We demand a timeline.
We demand to know what happened to our assets.
In a world built on blockchain ideals -decentralization, security, and trust - this situation is a disturbing step backwards.
