According to Foresight News , on-chain analyst Specter tweeted that he has recently received multiple reports about the exchange BTCC locking, restricting, or disabling user accounts after they have profited. One case involved a user account that only traded spot and had over $500,000 in funds, which was disabled. Upon restoration of access, the account's assets had been emptied, and no clear explanation has been provided by the exchange.
Specter points out that while BTCC attracts new users through influencer marketing and advertising, several users have reported their accounts being restricted without cause, warning users to be wary of low-level "betting" exchanges.
