<snip> same way they habe been clamping down of other privacy means in which bitcoiner can use to achieve thier goals, i don't wa t to mention the keyword bit we all know about the recent ban thst took effect since January 1st of this year 2024.
I'm struggling to understand your post. Firstly you put binance in the same bunch as privacy services and go on to talk about the privacy risks of using it. What's happening to Binance has nothing to do with reducing privacy of bitcoin users, it's a criminal investigation.
CZ pleaded guilty to the charges, aided be investigation and binance has greed to pay fines to the tune of $4 billion, hence the lighter sentence.
You're absolutely right, the matter on ground is a crime case, which I believe concerns CZ and Binance, it has nothing to do with hack or the exchange going under, the former CEO was fined heavily and given a very light sentence. I guess he'll serve his time, learn his lessons and count his loses, then move on, who knows maybe he'll come back and take over his job.
I think that the OP was just giving us a reminder about not trusting centralized exchanges, that they can go down anytime and sink with investors funds, not your keys not your coins, it's worth mentioning when we're talking about exchanges and crime.