The worst-case scenario is now confirmed as true: what happened with FTX is criminal and they were gambling with your deposits.
Absolutely insane.
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If everyone bank ram Binance you think they will survive? I am not sure of that. Sure FTX was being iffy but CZ pretty much destroyed em with the move publicly and bank ran them. Pretty much crashing the market.
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It's too bad they're not regulated, at least in the US. People should stick to US or Euro-based centralized exchanges now.
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I really thought Sam was too smart to do such things. I didn't use the exchange but I really didn't expect that from him
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