# Binance Sues Payment Firm RedotPay for $470 Million as BitMart Gives United States Users Days to Withdraw

The Hong Kong claim alleges customer diversion, and RedotPay says it will defend itself, while BitMart warns that new compliance checks could freeze assets left on the platform.

- Published: 2026-08-06T05:33:07.606Z
- Canonical: https://polylog.news/crypto/2026-08-06/binance-sues-payment-firm-redotpay-for-470-million-as-bitmar
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/business/2026/08/05/binance-sues-redotpay-for-usd470-million-claiming-it-diverted-users), [CryptoSlate](https://cryptoslate.com/bitmart-gives-us-users-just-days-to-pull-crypto-before-aggressive-new-compliance-checks-risk-freezing-their-assets/)

Binance has filed a claim in Hong Kong against RedotPay seeking $470 million, alleging that the payments company diverted customers from the exchange. RedotPay said it will defend itself vigorously. Neither side's account has been tested in…

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