Cryptocurrency markets, which have been shaky for a while now, are once again in turmoil due to a new development. a deep decline lived. The cause of this was a message on X that reached millions of people in a short time. According to this message, the world’s largest cryptocurrency exchange Binance has seized all crypto assets from Palestinians at the request of IsraelThe person who put forward the claim in question is one of the co-founders of the P2P crypto platform Paxful. Ray Youssef was.

Such a claim naturally raised concerns among cryptocurrency investors. As a result, Binance will end the embargo it imposed on Palestinian citizens today. could do it for another country. This means that even the world’s largest cryptocurrency exchange actually exists is unreliable It meant. However, Binance’s official statement shows that events are not exactly as described. If this statement is correct, the cryptocurrency markets are once again in a on the FUD wave The victim has disappeared…

Here is the message from Ray Youssef:

Ray Youssef said in the post above:Binance has seized all Palestinian funds at the request of the IDF (Israeli Defense Forces). They refuse to return the money. All appeals have been dismissed.“He made a statement. Just below this statement, written in hebrew There was a document. So what was in this document?

Document written in Hebrew:

According to Ray Youssef’s claim, the above document is a tool for Palestinians who want to get their accounts back. It was an answer. When we translate the content of the document into Turkish using services like Google Translate and ChatGPT, in some accounts it is actually translated. is blocked We have seen the information. However, the incident did not appear to be exactly as Ray Youssef claimed.

ChatGPT summarizes the above text as follows:

The translation of the same document via Google Translate is as follows:

Binance denied the claim that all of the Palestinians’ crypto assets were seized!

Unable to remain indifferent to what was happening any longer, Binance management issued a statement via Cointelegraph, one of the world’s most popular cryptocurrency news platforms. made a statementThis statement concerns the allegations does not reflect reality was expressed. Yes, Binance management has blocked some Palestinian accounts, but this there were very few in number Furthermore, the accounts involved were used for illegal transactions.

Binance’s statement on the matter reads as follows:

Of course, this statement is now for the markets. it means nothing. As a result, all crypto assets, especially Bitcoin (BTC), suffered severe losses in value after this news broke. At the time of writing, BTC is trading at $59,130 ​​and Ethereum (ETH) is trading at $2,460.