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    Author Topic: Custody problem solved: centralized and insured  (Read 609 times)
    Comeacross
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    Today at 06:38:43 AM
     #61



    While we are still here, another one just happened.

    Bitget exchange got hacked. About $351m worth of crypto stollen. The CEO confirmed the incident on X formerly Twitter Here

    The interesting line?
    Quote
    Withdrawals temporarily suspended as a precautionary measure, pending security review

    These platforms can freeze your account today and not give you an explanation until when they wish.

    If someone else is writing the rules, is your money really under your control? I guess you know the answer already.

    Let remove custody from the discussion as far as exchanges are concerned.

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