Nationwide Crypto via Binance Sold on NFD CIFAS Marker Removal
Crypto via Binance sold on NFD — Misuse of Facility marker filed by Nationwide. Removed in 4 weeks.
How Nationwide files CIFAS markers for Binance and NFD crypto trading
Our client was buying cryptocurrency on Binance and selling it on NFD (a peer-to-peer platform), receiving payments from buyers into their Nationwide account. This was legitimate arbitrage trading. Nationwide flagged the incoming payments from multiple unknown sources and filed a Misuse of Facility marker, treating legitimate crypto trading as suspicious activity.
What the CIFAS report showed about this Nationwide marker
The report confirmed Misuse of Facility — Funds Received, filed by Nationwide Building Society. Our OCR analysis showed the filing was based on receiving payments from multiple sources — the normal pattern of P2P crypto selling. No evidence of fraud was cited.
How we challenged this Nationwide Binance NFD CIFAS marker
The complaint demonstrated the legitimate trading pattern with evidence from both Binance and NFD platforms. The system argued that crypto arbitrage is a legal activity and that Nationwide had not investigated before filing. UK GDPR accuracy arguments highlighted that the marker characterised legal trading as fraud.
How this Nationwide Binance NFD CIFAS marker was removed
Nationwide reviewed the trading evidence and removed the marker within four weeks, accepting the activity was legitimate.
Start your crypto trading CIFAS marker removal
If legitimate crypto trading on Binance, NFD, or other platforms led to a CIFAS marker, the marker may be challengeable. Upload your CIFAS report and start your case today.