Hotbit Banned My Account After $FORTH Airdrop

in LeoFinance4 years ago (edited)

A couple of days ago I made an article about how I got rich with FORTH airdrop. I also made an article about how to claim FORTH for an exchange account. I was able to claim the airdrop for my Hotbit and Kucoin accounts.

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And guess what? Yeah, yet another "they banned me for nothing!!!!11"

On Monday morning Hotbit banned my account.

With no prior notice, no warning, no explanation, nothing. I just opened the mobile app as usual -- and TADAMM!!! "The account is banned from trading"... Not only from trading, actually. I also can't withdraw my assets. In other words, Hotbit seized all my pennies, my airdropped FORTH coins included.

Fortunately, from the very second I've got FORTH airdropped to my exchange accounts I had a strong gut feeling that "they" would try to fuck me somehow at the end of the day.

I sold pretty much all FORTH I had at Hotbit for stablecoins and withdrew them all to my own wallet. I withdrew all FORTH I had at Kucoin to my own wallet as well. Even though Kucoin hasn't banned me (yet?) and I lost some of their FORTH-related "gifts" -- you know, better safe than sorry.

Indeed, I contacted Hotbit's support immediately and got a reply:

Hi there,
it could be that your certain operations triggered our risk control system. We have submitted your relevant information to our colleagues. We will inform you of any progress within 24 hours, thank you for your patience.
Best.

Well, 24 hours have passed. No "colleagues" informed me of anything. My account is still banned.

"Maybe Hotbit decided that your account was hacked so they froze it", you might say.

First, they "froze" it after an alleged hacker drained nearly all the funds. Second, Hotbit implements tin foil security to the utmost: besides login+pass+2FA for logging in, I need an email code plus an SMS code plus a 2FA code to withdraw even a penny. Third, the crypto-exchanges are here for doing exactly that: depositing, trading, and withdrawing cryptos. So is it so suspicious when a client deposits, trades, and withdraws crypto? And forth, what the fuck is a risk control system that gets triggered by some unknown rules and bans you if you withdraw your assets?

I already said that several times, but still can't stress it hard enough: Any exchange is NOT your friend! It's a "necessary evil" at best and an enemy at worst, no matter what cookies those monkeys promise you. It has already been said countless times that no funds except trading depo should be kept at an exchange, no matter how your greed cries over transfer fees. Only a really rich whale or a medically diagnosed dumbass would believe in "I can sue them if they take my pennies!"

At the moment I still hope to get some explanation from Hotbit on the shit they've done to me. Otherwise, I will be forced to assume that those morons simply stole my pennies...

Posted Using LeoFinance Beta