According to Whale Alert monitoring service, funds were frozen and all transactions were forcibly stopped at TDeUwUL74u67YH4Wz21z3u564aR18z7UCh on the Tron network in the second half of June. The identity of the account owner has not been disclosed.
Sources at Binance, who wished to remain anonymous, refused to disclose the details of the lock, but commented on Whale Alert that the frozen address could be linked to illegal hacking activities.
Representatives of the exchange reported that the blocking was carried out in accordance with Binance's obligations to comply with the requirements for combating money laundering and terrorist financing. Binance is cooperating with law enforcement agencies as part of this investigation.
Earlier, the cryptocurrency exchange published an article on its blog in which it warned crypto investors about the increase in the number of scams in the Telegram messenger and recommended ways to protect assets.