<story><title>Binance caught commingling funds between US and international exchanges</title><url>https://dirtybubblemedia.substack.com/p/is-binanceus-a-fake-exchange</url></story><parent_chain></parent_chain><comment><author>keb_</author><text>I had recently remembered that I used Binance to purchase $100 worth of XRP in 2017 (around the time everyone was jumping on the crypto wagon), so I decided to try to log in to see how my investment was going.&lt;p&gt;This is when I found out Binance no longer allowed US investors, and I was redirected to a US site (Binance.us). The problem was my account was on Binance.com, and it was not migrated in anyway to this new US site.&lt;p&gt;I contacted support and they gave me a 7 day period to log in and withdraw my funds (which in itself is weird -- why not just migrate my account to the US site; why the sketchy, arbitrary 7 day period? whatever). I was finally able to log in! And I saw that my $100 investment had (unsurprisingly) turned into $17. I chuckled and tried to get my 17 bucks out anyway, only to find that the site no longer even offers a way to withdraw funds as an American!&lt;p&gt;This whole experience that spanned maybe an hour was hilarious. I&amp;#x27;ve resigned to the fact that I was scammed out of a hundred bucks. Woulda been nice to use that to buy a few games on Steam, but oh well, here we are. Hope this tale at least amuses or informs someone.</text></comment>
<story><title>Binance caught commingling funds between US and international exchanges</title><url>https://dirtybubblemedia.substack.com/p/is-binanceus-a-fake-exchange</url></story><parent_chain></parent_chain><comment><author>eqmvii</author><text>IIRC this blog&amp;#x27;s 2022-11-04 article &amp;quot;Is Alameda Research Insolvent?&amp;quot; was a part of what kicked off the events leading to FTX&amp;#x27;s collapse: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;dirtybubblemedia.substack.com&amp;#x2F;p&amp;#x2F;is-alameda-research-insolvent&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;dirtybubblemedia.substack.com&amp;#x2F;p&amp;#x2F;is-alameda-research-...&lt;/a&gt;</text></comment>