Amid regulatory scrutiny, MyStonks freezes $6.2M from a user's $7M deposit via Binance, citing FinCEN and SEC compliance, even as regular transactions proceed normally.
MyStonks froze approximately $6.2M from a single user following a regulatory request linked to a $7M deposit via Binance. Founder Bruce J detailed the process during a live discussion, citing compliance with FinCEN and SEC regulations and assuring that regular transactions remain unaffected. The incident has sparked concerns over fund security and allegations of improper practices amid emerging competitive tensions.