I purchased the cryptocurrency Babylon through Binance, directly from the tokens listed in the app interface. However, when I realized the value was dropping and attempted to sell or withdraw my funds, the system blocked my transaction, stating that withdrawals were disabled due to “maintenance.” I’ve attached a screenshot as proof.
I later found out that Babylon had been flagged as a suspicious token—yet this information was never disclosed at the time of purchase. Why does Binance allow a token to be listed and bought without any warnings, but only creates issues when we try to sell or protect our funds?
This situation is completely unacceptable. If the token is indeed unverified or problematic, why is it publicly listed in the Binance app in the first place? This negligence has directly caused financial loss and uncertainty for me and many others.
Both Binance and PancakeSwap must be held accountable. If a token is not properly listed under Web3 or lacks proper verification, then users must be protected from buying it in the first place. Now I am stuck with a token I can’t sell, no matter how high the price climbs, and I’m watching my money get locked away with no support.
I demand an immediate investigation into the Babylon token listing, full transparency regarding its current status, and most importantly, a way to either sell or recover my funds. If Binance and PancakeSwap fail to resolve this issue and compensate users, I will proceed with legal action and mobilize others who have also been affected.
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