It is another story to warn people about risk of storing their cryptocurrencies in online accounts.

From FTX & their CEO SBF, Three Arrows Capitals, etc. and some recent collapsed banks, we see that we can not trust any company which holds customer funds and how they use those funds. We don't know their activities are good enough to keep their companies and our money safely enough.

That CFO is bad because stealing customer fund to trade but even if they don't steal our money but like collapsed banks, they failed to manage risk and we at the end have to bear losses from their bad management.

Reminder: do not keep your money in online accounts