This is the organization that just last week "accidentally" sent $400M of their customer's funds to a competing exchange? Even if that explanation for why the funds were sent is true, that shows an amazing level of incompetence.
It was supposed to be a move to a new cold storage address, but was sent to a whitelisted external exchange address. We worked with Gate team and the funds were subsequently returned to our cold storage. New process and features were implemented to prevent this from reoccurring.
[Nitter]
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Lol hardly an inspiring balance sheet, I'd be running for the hills if I was a user
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20% of Shib is actually regarded
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proof of reserves is a scam, do not trust it
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70% of their holdings are illiquid shitcoins lol. Crypto is so dead it's not funny - actually it's fucking hilarious!
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