⭐ Merited by Who is John Galt? (1)
If I am not wrong, Isn't it for Binance.us only?
Yes, it's for Binance.us, but I for one don't believe for a second that Binance and Binance.us are entirely separate entities and don't co-mingle funds. The SEC filing even goes as far as ordering CZ to turn over customer coins which are in his personal possession. If CZ is personally holding users' coins, then Binance and Binance.us are almost certainly moving funds back and forth between them.During a Binance-run Twitter Spaces on Dec. 14, the Binance CEO continued to urge caution for those using self-custody wallets, arguing that more often than not, security keys are not stored securely, backed up or properly encrypted:
And the biggest typewriter company in the world thinks computers are too complicated and overpriced and says people shouldn't risk using them. 
He wants people to keep their coins on his platform, because he can use them to make himself more money.
CZ reiterated that holding crypto in one’s own wallet is “not risk-free” and postulated that “more people lose money holding their own — lose more crypto when they’re holding on their own than on a centralized exchange.”
This is just factually incorrect. Let's add up all the centralized exchange hacks, scams, and insolvencies, shall we? 