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because all transactions there in Spark are under their eyes in a trap statechain. a whole network from a company behind libra and and very concerned with fiat and complience system, leading to a marking of all users and transactions on there centralized network.
in any custodial what you have are tokens from a client that knowledge is limited by what you have, not to who you sent or received outside their services.
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The terms around custody are just horrible all the way around.
But I'm curious: why do you find spark worse than custody?