Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,350 members, 7,998,679 topics. Date: Saturday, 09 November 2024 at 11:54 PM

Binance Responds To #BinanceStopScamming With A Letter To Nigerians - Investment (3) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Binance Responds To #BinanceStopScamming With A Letter To Nigerians (64592 Views)

#Binancestopscamming Is Trending On Twitter / EFCC Responds To Innoson Ceo's Arrest / When Your Mavros Are Green: A Letter To Modern Day Investors (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by PENNYSWAP: 9:01pm On Jan 29, 2022
Trainee223:



I can bet my left ball, you don't even know what is Binance


Tomorrow they will run blood for not venturing into crypto
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Newboss(m): 9:03pm On Jan 29, 2022
These guys can literally steal your funds and claim law enforcement. You CANNOT verify their claims.

This is the best setup for corporate scam. The very best.

3 Likes

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Winters23: 9:03pm On Jan 29, 2022
Jerryherd:


Really

That's just today


Lols

Guys who understand the technology are building and making millions of dollars and you are here flaunting 200k naira withdrawals...
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Strongdickfresh: 9:04pm On Jan 29, 2022
I have been using Binance since 2018 till date without any issue. I'm a verified Binance user:
Email verified ✔️
SMS verifed ✔️
KYC verified ✔️
Address verifed (Verify Plus)✔️

I'm very active Crypto Trader (buy/sell of all Crypto) in Binance (P2P) platform.

Engage in legitimate transaction/trading and you will forever be grateful to Binance for such a wonder platform. #BinanceIsLegitAndSafePlatform✔️
#TradeLegit
#GetVerified to avoid account being restricted!

7 Likes 1 Share

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Gavorche: 9:04pm On Jan 29, 2022
Jerryherd:
cool



Binance is not a scam but a mere gamble and not an investment

Staking money on bullish or bearish movement of crypto is very very hard to predict, even if you are a pro in fundamental and technical analysis


What about forex



.
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Nobody: 9:07pm On Jan 29, 2022
I see FLAGGED accounts grin
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Jerryherd: 9:10pm On Jan 29, 2022
Winters23:


Lols

Guys who understand the technology are building and making millions of dollars and you are here flaunting 200k naira withdrawals...

Thought you said I don't make money on crypto... Now you've changed mouth that am flaunting 200k

Lol.

Boy you need to change your mentality

2 Likes

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by angelfallz(m): 9:11pm On Jan 29, 2022
Wow international law enforcement? Some Nigerians are in hot soup
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Techguy96(m): 9:12pm On Jan 29, 2022
FreeStuffsNG:
Some 281 Nigerian accounts have been affected by these personal account restrictions with approximately 38% of these cases restricted at the request of international law enforcement.

O pari.

Know that Cryptocurrency itself is a fraud, worse than a Ponzi https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0 and financial mania
and know peace.

Don't waste your hard earned cash on the fraud called cryptocurrency , you will lose las las in this monkey business. cool

There is no stable coin, it's all a fraud!
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

If you have never put your money in the cryptocurrency fraud, you have not lost anything! In fact, you are the clever and financially smart one for not falling for the monkey business.

In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :













***************************************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.


You are wrong sha.
Unless u believe foreign exchange is a scam too.

Trading crypto and foreign exchange is the same idea.

The difference is the type of currency used. While forex use real world Fiat money, crypto use digital token accepted by millions of people.

When paper money was introduced, people objected against it just the way u are objecting against crypto now.

Soon the world will come to accept crypto.

5 Likes 1 Share

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by OBALOLA55(m): 9:12pm On Jan 29, 2022
Jerryherd:
cool



Binance is not a scam but a mere gamble and not an investment

Staking money on bullish or bearish movement of crypto is very very hard to predict, even if you are a pro in fundamental and technical analysis



.
WETIN ABOKKI SABI
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by nextstep(m): 9:14pm On Jan 29, 2022
obembet:
Nice one from great company. No Nigeria bank will even reply or attend to any customers like this. Many Nigerians have lost billions of naira in our bank here in Nigeria.
MTN can decide to wipe away your money, all they will tell u is sorry and no refundable.
God bless Binance.
God bless Crypto Users
We are billionaire in making
One love..

Thunder fire Crypto enemy.

NO problem, just don't forget that's how MMM was doing all kinds of notices and customer care emails...

1 Like

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by temisartana: 9:14pm On Jan 29, 2022
[quote author=FreeStuffsNG post=109795584]Some 281 Nigerian accounts have been affected by these personal account restrictions with approximately 38% of these cases restricted at the request of international law enforcement.

O pari.

Know that Cryptocurrency itself is a fraud, worse than a Ponzi https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0 and financial mania
and know peace.

Don't waste your hard earned cash on the fraud called cryptocurrency , you will lose las las in this monkey business. cool

There is no stable coin, it's all a fraud!
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

If you have never put your money in the cryptocurrency fraud, you have not lost anything! In fact, you are the clever and financially smart one for not falling for the monkey business.

In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :













***************************************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by temisartana: 9:15pm On Jan 29, 2022
Good
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by angelfallz(m): 9:17pm On Jan 29, 2022
It depends on the crypto. Monero is anonymous.

AsampeteNwaanyi:

I knew it.
most people complaining are either fraudsters that found Binance as safe heaven to launder their proceeds or pickers that received fraudulent money in their account.
most exchangers receive money in btc from fraudsters and that's why Binance is after them.
one thing people failed to note is that crypto is not that anonymous as people proud it and can still be traced to the end user.
that's why they where able to monitor cash inflow of those accounts and did the needful.
no sane person will ever allow his platform to be used to launder money because by doing so you're aiding fraud and FEDs won't find it funny with you.
remember the story of liberty reserve owner back in the days?
Binance owner don't want such wahala from the feds.

So the point is that with time crypto might be entirely watered down and regulated
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Sailor1: 9:21pm On Jan 29, 2022
DaveHarry:
So it now means crypt0 transaction is no more decentralized if they(binaz) can restrict customer account at the request of "govt" law enforcement agencies. Too bad we were been deceived with that word "decentralized", too bad.

Lol... binaz is a centralised exchange and rightfully has to comply.
What do you think the documents you submitted on sign up were for? If needed, they show that to relevant authorities
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Jerryherd: 9:21pm On Jan 29, 2022
OBALOLA55:
WETIN ABOKKI SABI
.he Sabi dollars $$$$


Wetin Omo Ibo Sabi pass mpuru nmiri

1 Like

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by angelfallz(m): 9:22pm On Jan 29, 2022
Did you do KYC for your little sis?

mrikay:


Ask them to bring the request from government. My brother's account was blocked... My little sister with only 150usd which she made from Shiba Inu... her account too was blocked.

Shey na Buhari give the order too?

1 Like

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by BLoomfrancs(m): 9:22pm On Jan 29, 2022
justi4jesu:





Really? shocked shocked shocked

Ofcourse. Don't you know before. Most of them are hiding under the cover of crypto trading. One of the idiots was asked to prove that the coins he received were not stolen coins and he was busy putting up screenshots without proving that he is innocent. They think that crypto transactions cannot be traced to the end user, but they are very much mistaken.
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Nobody: 9:22pm On Jan 29, 2022
But wait o
If I bought usdt from a p2p vendor
And it was discovered that the crypto sold to me was involved in a fraudulent transactions will my account be flagged as well?

2 Likes

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by SocialJustice: 9:24pm On Jan 29, 2022
Sailor1:


It's 280 accounts out of thousands. It goes that most folks who had their account blocked was cos of a serious infarction
Binance is what modern BDC guys use. Boys are cashing out millions of dollars, guys in their 20s.

1 Like

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by berrystunn(m): 9:24pm On Jan 29, 2022
FreeStuffsNG:
Some 281 Nigerian accounts have been affected by these personal account restrictions with approximately 38% of these cases restricted at the request of international law enforcement.

O pari.

Know that Cryptocurrency itself is a fraud, worse than a Ponzi https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0 and financial mania
and know peace.

Don't waste your hard earned cash on the fraud called cryptocurrency , you will lose las las in this monkey business. cool

There is no stable coin, it's all a fraud!
https://www.theverge.com/2021/10/15/22728253/tether-41-million-misleading-statements-fiat-currency-bitfinex-cftc

If you have never put your money in the cryptocurrency fraud, you have not lost anything! In fact, you are the clever and financially smart one for not falling for the monkey business.

In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :













***************************************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.



You are still manual transmission..
And also a pentium processor 1993 with 60 mhz.

You better upgrade before is too late.

2 Likes

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Bignuell(m): 9:24pm On Jan 29, 2022
Newboss:
Binance is not a DEX. Binance is 100% in control of all your cryto asset. 100%. That set up is worse than fiat banking sector.

Use it at your own risk.
You know whatsup grin
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Sailor1: 9:25pm On Jan 29, 2022
mrikay:


Ask them to bring the request from government. My brother's account was blocked... My little sister with only 150usd which she made from Shiba Inu... her account too was blocked.

Shey na Buhari give the order too?

When they say law enforcement agencies, its mainly requests by international agencies who can track movement of crypt0.

BTW, what reason was given for blocking your brother and sisters account?
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by cmecproblem(m): 9:25pm On Jan 29, 2022
The biggest insult was calling innocent traders scammers and giving the FBI contact. That was too low, the customer care representative that sent it should be fired.
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Winters23: 9:25pm On Jan 29, 2022
Jerryherd:


Thought you said I don't make money on crypto... Now you've changed mouth that am flaunting 200k

Lol.

Boy you need to change your mentality

You better calm down and learn to start making money, actually those your screenshots is not money, it’s nothing
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by LegitAirdrop: 9:25pm On Jan 29, 2022
Crypto is never anonymous on CEX. You can be traced to your doorstep.
The idea of Satoshi was a DEX only for CEX company to destabilize it.
angelfallz:
It depends on the crypto. Monero is anonymous.

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Aaaq: 9:25pm On Jan 29, 2022
Hmmm
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by BLoomfrancs(m): 9:26pm On Jan 29, 2022
Paxxcarl:
But wait o
If I bought usdt from a p2p vendor
And it was discovered that the crypto sold to me was involved in a fraudulent transactions will my account be flagged as well?

I don't think so. There is a difference between sending Coins from this address to that address and actually paying for coins, which is what p2p stands for.

1 Like 1 Share

Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Sailor1: 9:27pm On Jan 29, 2022
Newboss:
These guys can literally steal your funds and claim law enforcement. You CANNOT verify their claims.

This is the best setup for corporate scam. The very best.

After the outcry, they now give details of what law enforcement agent to contact. Do you know anyone involved?
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Coldie(m): 9:27pm On Jan 29, 2022
showafrica:
E touch am small. I am sure customer support will start replying Nigerians fast. I am sure abokkiis in the north don't know what's going on here though, they are Nigerians too.
This is a very racist and tribalistic thing to say
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by Coldie(m): 9:27pm On Jan 29, 2022
Sailor1:


After the outcry, they now give details of what law enforcement agent to contact. Do you know anyone involved?
The law enforcement ne’er replies
Re: Binance Responds To #BinanceStopScamming With A Letter To Nigerians by angelfallz(m): 9:28pm On Jan 29, 2022
There are DEXs like uniswap
LegitAirdrop:

Crypto is never anonymous on CEX. You can be traced to your doorstep.
The idea of Satoshi was a DEX only for CEX company to destabilize it.

(1) (2) (3) (4) (5) (6) (7) (Reply)

The Scam In The Crypto World / "MMM Participant Slumps, Dies In Bank" - New Telegraph / Gram Free World. Real Or Scam?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 70
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.