On November 8, Binance co-founder Yi He warned users against depositing USDT from five types of sources: discounted tokens bought from friends, coins sent by relatives, proceeds from business in Myanmar, payments collected in Cambodia, and funds that have passed through someone else’s account. The warning is about how Binance screens deposits, not a ban on USDT or on deposits from a particular region.
The key issue is transaction history. Binance may assess not just who is making a deposit, but the prior history of the tokens being deposited. So even if the current holder was not involved in suspicious activity, an earlier link in the funds’ history can trigger a compliance review. That can mean a deposit is delayed or frozen.
Binance has not announced new screening thresholds, identified affected customers, or said the warning changes its existing rules. It is a public reminder of the practical risk in informal transfers: the source and path of USDT can matter alongside the identity of the person depositing it. The warning names examples, but it does not establish that every transfer from those categories will be blocked. For users moving funds onto an exchange, a familiar sender or a legitimate current purpose does not necessarily settle questions about a token’s earlier history.