# Binance Co-Founder Says User Sent 11,398.77 Tether (USDT) to Wrong UID

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/52028
Published: 2026-11-09T02:47:10.000Z
Updated: 2026-11-09T02:47:10.000Z
Section: Business

> Binance froze the funds after the customer entered a UID while trying to transfer assets to Binance Thailand, and the recipient has not responded to outreach.

Binance co-founder 何一 said the exchange froze 11,398.77 Tether (USDT) after a customer sent the funds to the wrong account while trying to transfer money to Binance Thailand.

On Nov. 7, 何一 said the customer entered a UID instead of using a wallet address or QR code for the transfer. Binance’s Thailand, Turkey and U.S. platforms have separate account systems, she said.

The customer had alleged that Binance users could have duplicate UIDs and that the exchange refused to cooperate with law enforcement. 何一 said each Binance user has a unique UID and there was no collision. She said a second confirmation step appeared, but the customer completed the transfer without checking the recipient details.

After the customer contacted 何一, she and four Binance employees intervened and froze the funds, she said. The recipient is inactive and has not answered repeated attempts to make contact. 何一 described the recipient as someone who received the funds by mistake, rather than a criminal.

The customer reported the case to police in Thailand and asked Binance’s main platform to move assets held by a user in another country. 何一 said the customer should contact law enforcement where the recipient is located, and that Binance could try to resolve a refusal to return the funds through customer support.

Binance will continue trying to reach the recipient, 何一 said. She added that the company had previously helped resolve large mistaken transfers through negotiation.