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As Sri Lanka moves to block dozens of illegal betting websites, a screenshot began doing the rounds on Facebook and other platforms claiming the government had swept up Binance and Bybit, the crypto exchanges thousands of Sri Lankans use, in the same ban. For anyone who trades or holds crypto here, that would be a big deal. We investigated. Here is what we found.
Social Media Posts
The post read: “The government has taken action to stop illegal gambling operations across the country. Since last night, steps have been taken to ban all gambling websites.” Its background image, however, prominently displayed the Binance and Bybit logos alongside the words “TRADING BAN,” framing the…
