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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.

https://twitter.com/kris/status/1591605600638881792 [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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