I already said how he's wrong.
A rugpull is theft.
Show me who lost money over this.
Not only has no one lost money over this, no one has lost any opportunity.
In fact, deeper liquidity pools means traders are gaining money in terms of lower slippage.
Exchanges have to consolidate liquidity pools all the time.
It's not shady.
It is standard operating procedure.
Go run an exchange and tell me it's a shady thing to do.
This is just another reminder that any value you have on exchange is just paper promises, you can't enforce anything, you are at the mercy of these shady companies who only care about extracting as much value out of each user as possible.
Show me how value is being extracted from the users due to this consolidation.
This is a fantasy.
It is provably false.
Everybody wins.
Everybody makes money.
These are fucking stable coins for god sake.
Who gives a shit?
OMG what am I going to do? Binance just delisted USDC.
Said no one ever.
RE: Binance Rug Pulls USDC