As per their official press release, because of mishandling of the upgrade of their wallets, in November, @binance sent out duplicates of old transactions from 2019 to 1634 users.
These accounts have been marked as in "arrears" and asked to return the extra $Doge.
The changes introduced in Dogecoin 1.14.4-1.14.5 caused those old transactions to become unstuck and being sent over few minutes to 1600+ users, to wallet addresses many of those have no longer access to.
As a response, Binance shut everything down at once. For 3+ weeks.
If you are one of those users who have had their accounts marked as in arrears because of their mistake. the first step is to contact the (slow) customer support. This fixed the issue in some cases, like this one:
If this does not work, I recommend you start by contacting the Consumer Association in your country, filing a complaint against Binance. Enough complaints, and this becomes a problem for them if they do not handle it fairly and do not take responsibility.
Do keep making posts on reddit, on r/dogecoin and r/binance complaining about the problem if your account on @binance is frozen/partially inaccessible because of this.
Point out those threads on reddit, share them on social networks, support others.
Include details about your specific situation when contacting Binance, explaining why you do not have access to that wallet they sent the Doge to.
If that does not work point them to a thread you made on reddit or other forums on the issue. Be clear, calm, and firm.
Complaining to Consumers' Associations might seem useless, but it is not, especially in some countries. It might lead to class actions and intervention by regulators.
Also, your complaints will add up to the existing list of complaints. The fatter the file, the better.
If you make a post on Twitter about your account being frozen, provide as much information as you can WITHOUT compromising your privacy, and screenshots. Add the tag #DogecoinBinanceIncident.
I will like and comment the posts made on this, and collect them in a thread.
Remember to be civil, calm, and detailed when providing information to @binance's customer support, and when sharing your situation on threads (be careful about privacy, though) and with consumers' associations.
This gives you credibility and more chances some will listen.
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The aim of real FUD spread around #Dogecoin throughout the year (it has no devs; it has no future; it must be capped; a whale holds 30% of the supply) is exactly aimed at killing sentiment and making people sell and lose interest, because they think there is no hope.
Alongside FUD, institutional investors and speculators driving the price, marketing ploys by exchanges pushing towards other tokens, and in general any attempt to gain control of the liquidity are aimed at manipulating the sentiment and interest of the public. #Doge
We talked a lot about why holding on ANY exchange should not be done.
The recent wallet incident anyhow, also through the official press release released by #Binance, points at the fact their infrastructure was obsolete and/or not maintained with the needed care. #DOGE
The first hint is that they had been using Dogecoin Core 1.14.0, a version released in 2019 (2 years and a half ago). This is prehistoric by cryptocurrency standards.
The second hint is that they seem to have ignored recommendations provided to them by the #Dogecoin devs.
You can also check the thread below by Charlie Lee, the creator of Litecoin, explaining how #Litecoin/#Dogecoin "merged" mining works and benefits both blockchains.
The gravity of remarks like that one (on which he then doubled down) is that anybody into crypto for more than a few months knew that "whale" was an exchange. The patterns were unmistakable.
The fact the CEO of an exchange pushed this rhetoric is disquieting and manipulative.
Many #doge holders wrote me today asking for help: they have been receiving warnings about their margin accounts being liquidated.
We must educate to avoid these tools, and warn against false friends that push newbies to add gasoline to the fire that is the crypto market.
Several of these shibes were new to crypto when they were introduced by their "buddies" to margin and futures trading. To the point that many of them think these tools are an integral part of crypto and #dogecoin.
They are NOT!
What do we say to those pushing these tools?
Experienced traders and those with vast amounts of liquidity can try their chance at gambling with this. But believe me, many are not as "experienced" as they think they are.
You are against organizations and institutional investors that have a lot more information then you do.