Binance said in an X post that Venezuelan users of Binance were having difficulty accessing the site, saying: "Like many companies' websites in different sectors such as social media in Venezuela, Binance's pages are facing access restrictions." The company said it was "closely monitoring developments to resolve the issue in the best and fastest way possible", adding that users' funds were protected by a "SAFU", a user safe asset fund. CANTV, the country's state-run telephone and internet service provider, is blocking Amazon CloudFront services, causing massive network jams, according to VE sin Filtro, a human rights group. The restrictions follow President Nicolas Maduro's announcement on Thursday that he would block the X system for 10 days to "end plans to spread violence, hatred and attacks on Venezuela from abroad".