
This is Why I Don't Use BRAVE Browser
Not the PlusToken ot BitConnect kind of ponzi projects but legitimate crpto exchanges?
Well you may immediately recollect QuadrigoCX case.
But IDAX seems a bigger case to me.
Ranked under top 30 Crypto Exchanges by Liquidity on CoinMarketCap, Even today ranks at no. 21 for Reported Volume by CMC. However 3 days back, CMC had warned the users about this Exchange's impeding withdrawal issues. CoinPaprika ranks it at no. 12.
Strangest thing about this case is that no one knows the name of the CEO but everyone knows he is missing ...with user funds in cold storage wallets!
How come cold storage wallet authorities are just assigned to one person in these Exchanges!
Until we don't have ant account in these Exchanges, we tend to think that I don't open my trading account with such shady exchanges. But do we do ant check for the Exchange's team background before starting dealing with them? Most people only check about the Trade Volume, Fee and quick support and friendly User Interface.
I won't ask the name of the Binance CEO to you. But how man of you the names of CEO of Bittrex, Huobi, DailyBit, Probit, HitBTC, Polonies, OKex, KuCoin Coinbase, Bithumb, Bitstamp, BitMax etc. ...I mean whereever you have an account or feel comfortable dealing with them?