Binance top executives leaving...

boianon · Sep 16, 2023

What do you guys think of binance top executives leaving.....
in the last 3 months 10 key executives has resigned binance possibly due to the ongoing legal battle against SEC and CFTC
but now two more executives are leaving now their head of legal and the chief risk officer

and along with the top executives leaving the CEO is also stepping down
what are your thoughts on the situation do you feel safe in the current market?

djsobuj · Sep 16, 2023

Binance USA, right?

leechesBleechin · Sep 16, 2023

boianon said:
what are your thoughts on the situation do you feel safe in the current market?

Anyone who ever feels safe in this market is going to lose their money. Theres no room for feeling safe.

Matron · Sep 16, 2023

Binance always safe

nakamura · Sep 16, 2023

Binance is fighting the hard battle

IamNRE · Sep 16, 2023

oh snap.

Maybe its time to short the stonk ?

When is the legal verdict being released regarding their case with the Government ?

Herfulaz · Sep 17, 2023

djsobuj said:
Binance USA, right?

It affects only Binance USA? How?

lotsofmoney · Sep 17, 2023

boianon said:
What do you guys think of binance top executives leaving.....
in the last 3 months 10 key executives has resigned binance possibly due to the ongoing legal battle against SEC and CFTC
but now two more executives are leaving now their head of legal and the chief risk officer

and along with the top executives leaving the CEO is also stepping down
what are your thoughts on the situation do you feel safe in the current market?

It is not big, new industry. So people will got to other companies for more growth.

Rifle33 · Sep 17, 2023

It's the Binance.US, they had a lot of trouble with regulations in the USA. The main Binance (rest of the world market) is fine.

Gogol · Sep 17, 2023

My opinion: Keep your funds in your own wallet. Don’t use exchange wallet for long term storage. Not your keys, not your money.

laur.laurix · Sep 17, 2023

Rifle33 said:
It's the Binance.US, they had a lot of trouble with regulations in the USA. The main Binance (rest of the world market) is fine.

This is the biggest lie ever....they used the same tactics as FTX to pump their shitcoin and the market dropping made them sell a lot of Bitcoin to keep the price of BNB afloat. This situation pushed them on the edge of the cliff, any significant event in the markets will crush Binance.

sscaz · Sep 17, 2023

laur.laurix said:
This is the biggest lie ever....they used the same tactics as FTX to pump their shitcoin and the market dropping made them sell a lot of Bitcoin to keep the price of BNB afloat. This situation pushed them on the edge of the cliff, any significant event in the markets will crush Binance.

So where should i store my crypto then?

laur.laurix · Sep 17, 2023

sscaz said:
So where should i store my crypto then?

Cold wallet....not your keys not your crypto.

sscaz · Sep 17, 2023

laur.laurix said:
Cold wallet....not your keys not your crypto.

Idk i think binance is too big to fall

laur.laurix · Sep 17, 2023

sscaz said:
Idk i think binance is too big to fall

How often do you think about the Roman Empire?

sscaz · Sep 17, 2023

laur.laurix said:
How often do you think about the Roman Empire?

I don't but if we look into things that way if Binance falls all the crypto you're holding in your cold wallet will be worth like 3 times less

laur.laurix · Sep 17, 2023

sscaz said:
I don't but if we look into things that way if Binance falls all the crypto you're holding in your cold wallet will be worth like 3 times less

Better have something worth 3 time less in your wallet than nothing.

sscaz · Sep 17, 2023

laur.laurix said:
Better have something worth 3 time less in your wallet than nothing.

I guess i will investigate a few other reliable crypto exchanges in Russia/Other countries just to hold most of my money on 2 other exchanges

laur.laurix · Sep 17, 2023

sscaz said:
I guess i will investigate a few other reliable crypto exchanges in Russia/Other countries just to hold most of my money on 2 other exchanges

For a hot wallet I would use Revolut once they add the full functionality crypto wallet.

sscaz · Sep 17, 2023

laur.laurix said:
For a hot wallet I would use Revolut once they add the full functionality crypto wallet.

Thanks for the recommendation I will create a Revolut account and check that out to store 33% of my crypto there too as I prefer hot wallets over cold ones as i can exchange my crypto in seconds if something is to happen and to be honest I don't think Binance world is going anywhere for next few years, while I am not sure for Binance us.

Binance top executives leaving...

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