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Be extremely careful about your crypto if you have them on Binance.

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by COINS NEWS 54 Views

Folks, we don't know what the balance sheet of Binance looks like. They have to pay $4.3B and will have a lot of their operations restricted.

And we already know the government has charged them with commingling customer funds with their own funds, conflict of interests with CZ's own trading firm Sigma Chain (sound familiar?), and funds being directed to CZ's Merit Peak Ltd.

There is a lot of FUD out there, but this is the time to not have your heads in the sand and ignore the warning signs.

Best to take custody of your crypto in your own hard wallet and not be another statistics a la FTX / Voyager / Celsius etc...

submitted by /u/golden_bear_2016
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