
The OM token collapse is just another reminder of a hard truth:
Licenses, KYC, and those shiny “CEX badges of trust” don’t protect users — they lull them into a false sense of security while shady shit goes down behind the scenes.
- 90% of the tokens were controlled by insiders.
- They pumped an old token to bait investors.
- All of it happened through Binance.
Binance’s reaction? Crickets.
❗️Binance sees everything: wallet flows, coordinated withdrawals before pumps, sketchy token behavior.
There’s no way they didn’t notice.
So what did all the regulation and licenses prevent? Absolutely nothing.
- KYC? Only helps track everyday users.
- “Regulation”? A façade.
- Without exchange complicity, this scale of fraud isn’t even possible.
📌 And users — hypnotized by buzzwords like “regulated,” “under compliance,” “we do KYC” — walk straight into the lion’s den.
They’re trained to believe: “If it’s on Binance and it has a license, it must be safe.”
Then when shit hits the fan, the same exchanges shrug and go:
“Oops, we had no idea.”
But they did.
They always do.
And they let it happen — because it’s profitable.
These so-called “regulatory measures” aren’t for your safety.
They’re a cover. A smokescreen.
Not to protect you — but to control you.
To surveil users, not scammers.