Quote from: taufik123 on Today at 07:15:18 AM

Quote from: justdimin on Today at 05:52:40 AM

-snip-
What does SEC have to do with the funds I have on binance global, they can't prevent me from withdrawing no matter what they do, they can literally ask for Binance to be closed and CZ to be prisoned and yet they still couldn't touch our funds. And that wasn't even the investigation was about, so it was always nothing at all and we could always feel safe with our money there anytime we want it to as well.

The SEC only controls the legal territory in the US and it will not have an impact on Binance Global.
and about the funds that you hold on Binance SEC cannot touch it, but Binance and CZ or other Binance officials may freeze or there are some loopholes so that your funds will be held.

Learn from FTX which became a big Exchange and no one doubted it, but in the end, there were many games that FTX played.

If you are looking for the most secure, Non-Custodial Wallet is the best.
But if you want to use the best exchange at the moment Binance is the choice, but the risk of losing funds can happen and it is the choice of each user.

Even though the SEC can't touch it, anything that can happen when storing assets on the exchange, what if there is a problem and CZ can freeze their balance of course this is very possible.

I know FTX has always sponsored some big competitions I used to not believe that such a big enough exchange but there was a customer money game in it, in the end it became a reality and FTX has been declared bankrupt as a result of its failure.

True, non-custodial wallets and hardware wallets are the best storage, I would not choose an exchange over long storage looking at previous FTX cases.