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Explained: Binance’s beef with crypto trader CoinMamba

Explained: Binance’s beef with crypto trader CoinMamba

Social media influencer CoinMamba picked a big fight with Binance but it’s not clear that he could ever have won.

Cryptocurrency news by Protos · Protos

December 15, 20226m 6s

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Show Notes

How far can a digital asset exchange go to shut down somebody’s account? As famous trader CoinMamba discovered, a centralized exchange like Binance can close accounts for the same vague, hand-wavy reason as any other financial institution — especially when its account owner threatens to create social media drama.


This week, Binance placed an account belonging to an influential trader who goes by the name ‘CoinMamba’ in withdraw-only mode after he claimed to have been a victim of an exploit of his account’s API key.


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