There was some big theft through Binance in the US, now they are calling for regulations on cypto's here. I think for me that's the number one reason I don't learn about investing in cypto's, there are just not regulated enough to safe guard people's accounts. I also don't understand how they can steal millions from investors and disappear with open source, or so called open sourced technology. If everything is open then you should be able to see who steals your stuff, why can't they get it back or why can't Binance take it back...just doesn't make sense.
There was some big theft through Binance in the US, now they are calling for regulations on cypto's here. I think for me that's the number one reason I don't learn about investing in cypto's, there are just not regulated enough to safe guard people's accounts. I also don't understand how they can steal millions from investors and disappear with open source, or so called open sourced technology. If everything is open then you should be able to see who steals your stuff, why can't they get it back or why can't Binance take it back...just doesn't make sense.