What is all this FUD against Binance? Am I just paranoid or…

Okay to begin with excuse my pretty long rant, however I’m pretty interested in this matter.

Like what is the aim? Even in my country, that couldn’t give less about cryptocurrency is now reporting and releasing articles on Binance and not in a good way, not by a longshot. Fact is, it’s straight out antagonizing.

My financial institution principally blacklisted transactions in the direction of Binance last month – quoting terrorism and illegal actions as a cause. so if I need to use it, I’ve to send my cryptocurrency there. (I nonetheless assume that apart from DeFi, this is the perfect swapping change – and altho’ I don’t use it as much and have solely like 12 % of my folio there, I’m nonetheless big fan of Binance..)

It’s been fairly some time since I’ve seen media (and ”specialists”) in my nation antagonize something a lot. Altho’ I’m very essential of Binance providing XMR and other coins without choice to withdraw (My opinion is that they principally haven’t any XMR in their storage, that’s why you possibly can’t send – but that’s just a concept.), I’ve by no means experienced something dangerous when coping with Binance and I’ve been working there since 2018. (which could be very impressive on the subject of centralized exchanges.)

Is this some plot to take down the most important international cryptocurrency trade, to illegitimize cryptocurrency’s place in this world? The best way ”specialists” are talking is as if this was principally apparent fraud from the start.

Nonetheless, I hope CZ and Binance will prevail. This might have devastating snowball effect for cryptocurrency general.

What do you guys assume?