RE: RE: Cryptoartist Security Tips
You are viewing a single comment's thread from:

RE: Cryptoartist Security Tips

Words
132
Reading
1 min
6y

Binance was one of the exchanges who allowed Custodial Steem to be Powered up under the Justin Sun Accounts, leading to the HIVE fork.

Binance's listing of Sushiswap was unaudited, enabling a hype casino which basically lent the token sufficient credibility to create the biggest exit scam in recent memory.

https://cointelegraph.com/news/to-list-or-not-to-list-part-1-binance-should-not-have-listed-sushi

Binance relies heavily on Tether
https://www.coingecko.com/en/coins/tether#markets

And Tether is under investigation from the SEC for not repeatedly not being able to turn over documents which prove that the assets that they say are pegged to the value of USDT are accurately represented.

https://www.coindesk.com/bitfinex-tether-nyag-hearing

This means that if USDT is artificially inflated, or if it's shut down by the SEC, that all of the exchanges which rely on USDT would be put under some kind of duress, or be locked up on the exchange.

.:.

@rootdraws: Binance was one | Ecency