Quote from: eaLiTy on August 13, 2019, 03:30:27 AM

Quote from: Rate on August 08, 2019, 03:01:08 AM

To trust or not to trust? That is the question for all Binance users. Binance needs to use hard&soft tactics to prove its technology capabilities and its commitment to transparency and security goals.

The moment Binance was hacked and millions of dollars were lost because of their inefficiency you should consider more bad things were bound to come out in the future, i never traded in binance after that because you never know when they will shut down and freeze all the accounts and then we have to wait for the legal battle to get our coins and we all know that it would take years, the owner can tweet a thousand times that it is SAFU because it will hurt his business, with time we might see the extend of the damage, legal actions are to be taken if they are not capable to taking care of sensitive information and i am not happy with the way things are going.

As much as I wanted that legal means should be taken, but I do think that this could be settled out of court. Its Binance fault here, they should have taken steps to protect their customers. But they are still on top of the business so probably thinking of another way to get out of this mess by cooperating and then settling with their customers for damage control Wink