Quote from: albon on December 17, 2022, 05:18:36 PM

Everyone who holds their crypto in the Binance platform should be concerned because the bankruptcy and collapse of the FTX platform is not the last, so we can expect anything, so we have to take precautions and not hold our wealth except in a cold wallet and stay away from exchange platforms, although what happened to Binance differs about FTX only what Binance witnessed is a huge number of withdrawals within a week, which is the largest number of June, in addition to that there are many prominent figures in the crypto arena who spoke against Binance that Binance does not have enough Bitcoin to cover customers deposits, also, some parties are considering filing criminal charges against Binance and its owners for failing to comply with anti-money laundering penalties, so I do not know what fate hides for Binance after this violent attack against this top platform, but we must take precautions.

Indeed, all assets should be placed in cold wallets. Hot wallets and exchanges will have problems at any time and will be attacked. I think everyone should have a cold wallet.