A Korean trader claims LBank blocked access to about one million USDT following profitable derivatives trades, alleging withdrawal and trading restrictions that led to forced liquidation of positions. LBank responded that the account was flagged due to unusual trading activity, including use of nearly 50 devices, not because of profitability. The exchange confirmed the trader's deposits were fully withdrawn before the dispute became public and has hired a South Korean law firm to address the issue and pursue legal action over alleged false statements. This incident highlights risks around exchange monitoring and account restrictions in crypto trading.
The LBank dispute involving a Korean trader's claim about one million USDT is presented here with Pluang's market data for context. For readers following major cryptocurrencies, as of Nov 12, 2026 04:22 WIB, 31 out of 50 priced assets rose while 18 fell. Notable movers include FTM at Rp11.382 with a 1-day change of -2.05%, THETA at Rp2.562 up 1.95% with 99% sell order activity, and SAND at Rp766 down 1.71% with 75% sell order activity.
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