Binance caught commingling funds between US and international exchanges
I had recently remembered that I used Binance to purchase $100 worth of XRP in 2017 (around the time everyone was jumping on the crypto wagon), so I decided to try to log in to see how my investment was going.<p>This is when I found out Binance no longer allowed US investors, and I was redirected to a US site (Binance.us). The problem was my account was on Binance.com, and it was not migrated in anyway to this new US site.<p>I contacted support and they gave me a 7 day period to log in and withdraw my funds (which in itself is weird -- why not just migrate my account to the US site; why the sketchy, arbitrary 7 day period? whatever). I was finally able to log in! And I saw that my $100 investment had (unsurprisingly) turned into $17. I chuckled and tried to get my 17 bucks out anyway, only to find that the site no longer even offers a way to withdraw funds as an American!<p>This whole experience that spanned maybe an hour was hilarious. I&#x27;ve resigned to the fact that I was scammed out of a hundred bucks. Woulda been nice to use that to buy a few games on Steam, but oh well, here we are. Hope this tale at least amuses or informs someone.