Trader Says Binance Restricted Account Holding About 400,000 Tether USDt

Trader ye.koi said Binance restricted an account holding about 400,000 Tether USDt (USDT) from withdrawals, including roughly 340,000 USDT in futures-trading profits, and linked the action to a Colorado court freeze request.

ye.koi identified the account holder as Shawn and said the restriction was tied to a freeze request from a Colorado district court. Shawn provided information about the funds’ source after Binance customer service requested it, ye.koi said.

Binance customer service said the exchange had restricted the account at the court’s request and could not lift the restriction on its own. It advised Shawn to contact the court about appeal procedures and required materials or consult a lawyer.

ye.koi also said Shawn reviewed the court’s website but found no public channel for individuals to submit objections or evidence.