This is the kind of bullshit centralized exchanges are using in their "proof of reserves", "safu funds", "insurance funds", "collateral funds", "1-to-1 matching reports", and all the other trash they peddle to convince you your funds are totally safe. Literal random number generators. They will do and say anything to get you to hand over your coins to them. Don't fall it.
I was expected to see such sort of bullshit by the centralized platforms but I wasn't expecting it to be the same in the case with the reputed ones anyhow they completely lost it years ago.
They just mean bussnies at any cost, I'm sure such sort of shity approach is gonna slip out from the other top exchanges as well, simply they can do anything in their territory which is close sources. CZ is smart but in the current timeline, Biannce seems to be the second most suspicious one doing this but somehow they are surviving. But I took exit a long time ago.
☑ Mt. Gox (2014)
☑ Bitfinex (2016):
☑ QuadrigaCX (2019)
#not_your_key_not_your_coins
Binance last audit was not accepted by people because they said there is no transparency in their PoR.
Crypto exchanges need transparency, as opacity is as outdated as beepers and dial-up internet.