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Binance is launching a withdrawal lock to help deter crypto wrench attacks

CoinDesk
Binance has introduced a user-controlled withdrawal lock feature designed to protect customers from physical coercion and forced asset transfers.

Summary

Binance has launched a new security feature called "Withdraw Protection" that allows users to freeze onchain withdrawals for one to seven days. Designed to mitigate physical coercion—often referred to as "wrench attacks"—this internal policy prevents even Binance support staff from overriding the lock once activated. While the feature aims to provide users traveling to high-risk regions with a time-based defense against forced transfers, it remains subject to law enforcement orders and is intended as a supplementary layer to overall account security and digital hygiene.

(Source:CoinDesk)