A trader says LBank’s restrictions left about 1 million Tether (USDT) inaccessible after profitable derivatives trades, as limits on trading and withdrawals affected the trader’s ability to exit positions.
The trader, using the handle @solyfw34, says the restrictions prevented manual attempts to close some positions before liquidation.
LBank said its review linked the account to trading from nearly 50 devices. It said profits alone did not trigger restrictions and kept some review findings private.
LBank said all deposits had been withdrawn before the trader went public. It said it hired a South Korean law firm and plans legal steps over public statements it called false and defamatory.
