The post Binance Freezes Accounts Over Alpha Airdrop Abuse appeared first on Coinpedia Fintech News
Binance has started reclaiming Alpha airdrop rewards taken through suspected abusive arbitrage, freezing multiple user accounts. One account reportedly had 14,457 USDT frozen with an outstanding debt of 10,525.77 USDT. The exchange said these actions target users “improperly obtaining airdrops via violations on the Alpha platform.” Binance co-founder He Yi assured that regular users remain unaffected.