Kudos to Binance's two chief business development officers for their efficient handling of the situation @yayabinance @sisibinance. The incident stemmed from a group member being scammed by an OTC merchant when buying USDT. The scam details are in the screenshots. Those with smaller sums should also be wary of this type of scam. This "small pocket" scam seems to have been around for a long time; it preys on retail investors who forget to take screenshots. If they do, they release the coins; otherwise, they steal your money. The arrogant person who reported it reported it, and the issue was resolved in about half a day: the coins were released and the account was banned. Hopefully, the platform will implement more policies to prevent these OTC merchants. The reasons are in the screenshots; they are truly a cancer in the industry. Newcomers to the crypto world encountering such despicable behavior right from the start—who wouldn't think the crypto is full of scams? @heyibinance

That's truly appalling; it completely blocks the entrance for new blood.