A lot of people are comparing this to FTX. That's complete bullshit. FTX used client funds for other operations and blew itself up. This was a sophisticated hack within an…
Original source excerpt
A lot of people are comparing this to FTX. That's complete bullshit. FTX used client funds for other operations and blew itself up. This was a sophisticated hack within an exchange, through which …
A lot of people are comparing this to FTX. That's complete bullshit. FTX used client funds for other operations and blew itself up. This was a sophisticated hack within an exchange, through which @Binance has enough funds to cover the bill and the entire industry stands up to solve the problem, as it's not solely a Binance problem. All I'm seeing is that the industry has progressed. Sure, there's a lot of security breaches taking place in 2026, and I'm confident that this will be fixed going forward, but atleast everyone is assisting on providing a solution for this matter.
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