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RE: Trusting Centralized Crypto projects in 2023? A ticking timebomb!

in LeoFinance2 years ago

You too Wyre?

It's starting to look like you can't trust anyone in this business.
I think it's time for cryptocurrency operations to live up to their name of trustless and permissionless operations with our funds protected by our cryptographic keys.

The notion that possession is 9/10ths of the law is never truer then in cryptocurrency with courts recently ruling that crypto investors funds deposited in a centralized exchange wallet belong to the centralized exchange has made this very clear.

Not your keys, not your crypto

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Honestly, not your key,not your crypto. Each day brings another story of loss or near loss of funds or of control. We cannot trust anyone of these web2 projects anymore. If Its not web3 project, am not interested in keeping my money in a sinking ship.

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