ChainCatcher reported, citing a public disclosure by crypto user @HowardLouisHL, that the user deposited 100,000 USDT into Ourbit on June 30, 2026 and traded normally for about a week before running into withdrawal restrictions. On July 4, when the user tried to withdraw funds to Binance, the system reportedly blocked the transfer. According to the disclosure, customer service only said the account had “triggered risk control” and did not provide a specific explanation.
The user said the account was then barred from logging in the following day. After being required to submit full identity and account materials, the user received an official email from Ourbit on July 20 stating that the review had been postponed until July 3, 2027, adding that the timeline “may be extended again without reason.” The user has asked for three things: disclosure of the specific reason for the risk-control action, a clear processing timetable, and the immediate unfreezing and return of the 100,000 USDT. As of now, Ourbit has not issued a public response to the matter.
According to ChainCatcher, crypto user @HowardLouisHL publicly disclosed that they deposited 100,000 USDT into Ourbit on June 30, 2026 and traded normally for about a week. On July 4, the user said an attempt to withdraw the funds to Binance was blocked by the system.
The user said customer service replied only that the account had “triggered risk control,” without giving a specific reason. The following day, the user’s account was restricted from logging in. After submitting full identity and account information, the user said they received an official email from Ourbit on July 20 stating that the review had been delayed until July 3, 2027, and that it “may be extended again without reason.”
The user listed three requests: disclosure of the exact reason for the risk-control action, a clear timetable for handling the case, and the immediate unfreezing and return of the 100,000 USDT.
As of now, Ourbit has not made a public response to the incident.
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