If not DEX, then I think there is no way we can completely eradicate the issue of fraud from CEX except if they are in total compliance to government authorities. Most of us don't like that right? I know the answer is yes but for how long shall will continue to hear same stories once every two years or less.

Many of us are always fighting against SEC but I think it's high time we look at the positive side of the organization though I personally dislike Gary Gensler.

Few days ago, the issue of Kucoin was circulating about some of the exchange executive involvement in money laundering act, if not for SEC, perhaps we could be talking of another FTX right now which could have impacted the market negatively considering the size of Kucoin in the market. Anyways, am glad SBF has been sentenced and I hope this serves as deterrent to other crypto exchange executive but the question is should we leave our fate in the hands of this individuals. DEX on the other hand is not a soft landing as well due to its inherent nature and risk involvement.

Perhaps the reason I have a feeling all exchanges should be regulated. On the second thought, considering Nigerian government demanding for details of top traders from Binance due to the fiasco between the two, is it really safe for users as well? So many questions popping up in my head. Do you think we can get to a point where we can say an exchange has spent over 10 to 20 years without any drama. Do you see this possibility? Let's discuss