Short News View Non-AMP

Binance Freezes Accounts Over Alpha Airdrop Abuse

Published by
Sohrab Khawas

Binance has started reclaiming Alpha airdrop rewards taken through suspected abusive arbitrage, freezing multiple user accounts. One account reportedly had 14,457 USDT frozen with an outstanding debt of 10,525.77 USDT. The exchange said these actions target users “improperly obtaining airdrops via violations on the Alpha platform.” Binance co-founder He Yi assured that regular users remain unaffected.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Ethereum Hits New All-Time High for TPS Ahead of Fusaka Upgrade

The Ethereum ecosystem has set a new record for transactions per second. Combined activity across…

December 3, 2025

Why is Bitcoin Price Going Up Today?

The cryptocurrency market is rallying today, with Bitcoin driving a broad comeback across major coins.…

December 3, 2025

Crypto News Today: SEC Stops ProShares From Launching XRP and Other Leveraged Crypto ETFs

The U.S. Securities and Exchange Commission (SEC) has halted ProShares’ plans to launch a new…

December 3, 2025

XRP ETF Flows Hit Record High—What It Means for XRP Price

Institutional interest in XRP has reached a new high. The total value of XRP-based spot…

December 3, 2025

ONDO Price Eyes 120% December Rally as Falling Wedge Pattern Strengthens

ONDO price is showing renewed bullish momentum this December 2025 after hitting a critical support…

December 3, 2025

XRP and DOGE Forecast Climb Higher, But Ozak AI Prediction Signals a Breakout Cycle

Crypto markets continue strengthening as capital rotates back into major altcoins, and both XRP and…

December 3, 2025