I challenge the Bitcointalk community to make 2020's Proof of Keys the most impactful one yet. But it will take you reposting the writeup and raising awareness. Protect your fellow cryptocurrency friends from HitBTC's fraud.
it's a nice idea, but i don't think proof of keys has
ever had much of an impact. in fact, i recall a scandal around this year's event where hitbtc froze accounts the day before:
https://bitcoinist.com/hitbtc-trace-mayer-john-mcafee-keys/but after a couple days, everyone forgot about it and things went back to normal.
i've been warning people away from hitbtc for a while, but experience has taught me that most people won't learn until an exchange fails or exit scams with their money. until that happens, people just don't understand the gravity of the risks they are taking by storing funds on exchanges.
Fair observations about the apathy demonstrated by many cryptocurrency users in past years. Why not change it this year, though? HitBTC is likely at a level of insolvency where an adequate amount of action could be the final nail in their coffin.