Bitcoin Transaction Block from Coinbase to Binance: The Reason Revealed!

A technical error on Coinbase, the largest US cryptocurrency exchange, caused some Bitcoin (BTC) transfers from Binance to be blocked.

According to the news of Coindesk dated March 8, Twitter and Reddit users, Binance to Coinbase Some Bitcoin transfers sent by the exchange has been blocked reported. According to the information given, some users who make the transfer, Office of Foreign Assets Control (OFAC) by to the red list a receipt of with a warning encountered.

The error is the first time that some social media users March 7 on OFAC by to the red list received and that that they don’t understand published about shipments emerged as a result. The error in question is Coinbase from their systems originated.

Coinbase said in a statement on the subject that the current error out of 100 few people that it affects and the situation has been resolved stated. Moreover shortest to affected users funds will be returned reported.

Experts, OFAC’s certain individuals to interact with U.S.-based organizations prevent from passing an up-to-date you keep a list and probably your fault is that Coinbase has added to this list while contributing some data wrong stated that it was due to the

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