Binance disputes Al Tamimi letter amid insolvency claims

There is no verified evidence that Binance hired Al Tamimi & Company to pursue users over insolvency posts, and the circulating cease-and-desist letter is not authentic. According to ChainCatcher on February 5, 2026, Binance said the letter is forged and was not issued by the company, and the same report noted co-founder Yi He framed recent withdrawals as a “stress test” while pointing to on-chain asset scale; a separate report from The Block reached the same conclusion about the letter’s authenticity.

Those reports provide no confirmation from Al Tamimi & Company, and they cite no official filings, court records, or firm statements corroborating an engagement related to the rumors. In the absence of verifiable documentation, the claim remains unsubstantiated.

Why this claim matters: insolvency rumors, legal risk, user safeguards

Insolvency rumors can erode user confidence, amplify withdrawal pressure, and create bank-run dynamics even if unfounded. Clarifying document authenticity reduces the risk of misinformed decisions and market dislocations.

Legal threats, real or fabricated, can chill speech and expose users to potential liability depending on jurisdiction. Clear verification practices help users assess whether a notice is legitimate before reacting or amplifying claims.

Users encountering the alleged notice should prioritize document authentication, contact verification with named firms, and independent confirmation before modifying posts or sharing claims. Binance’s stated position, as reported, is that the letter is a forgery and not issued by the company.

“The letter is forged; we did not issue it,” said Binance.

How to authenticate legal notices and assess legal risk

Checklist to verify law firm letters

• Inspect letterhead, address, and registration identifiers; compare with the law firm’s official website.
• Verify sender email domain, DKIM/DMARC headers, and routing; avoid acting on webmail addresses.
• Call the firm using a publicly listed switchboard, not numbers in the letter, and request internal matter verification.
• Cross-check any court file numbers on official court portals where available.
• Examine counsel names and bar registrations against public legal directories.
• Review metadata or file properties for inconsistencies (author, creation dates, fonts).
• Look for client engagement indicators (reference numbers, conflict disclosures) consistent with firm practice.
• Preserve originals (headers, envelopes) to aid third-party verification if needed.

UAE defamation context for online allegations

Defamation exposure can extend to online statements in the United Arab Emirates, and outcomes depend on facts, medium, and jurisdiction. Jurisdictional reach and platform terms may influence how allegations are handled.

Users weighing cross-border exposure typically assess where they reside, where content is accessible, and the location of implicated entities. Local legal advice may be necessary to interpret risks in specific cases.

FAQ about Binance insolvency rumors

Is the circulating cease-and-desist letter about Binance insolvency posts real or fake?

Multiple reports say the notice is forged, and Binance says it did not issue it. There is no verified evidence linking Al Tamimi & Company to the circulating document.

What has Binance officially said in response to the insolvency rumors?

Binance has denied insolvency claims and characterized recent withdrawals as a stress test, citing on-chain asset scale in prior reporting.