valueman-on-fire

CZ added (https://x.com/cz_binance/status/1911509325077455215) that although he no longer runs Binance, he believes it’s unacceptable for CEXs and DEXs to determine which tokens should be listed — access should be open to all.
The CEO of OKX called (https://x.com/star_okx/status/1911645597423288569) OM’s collapse “a major scandal for the entire industry” and promised to release all reports.

@cz_binance And then you trust Binance with their due diligence process — but builders showing up day after day are the ones getting rekt by these mfers like OM ... We can do better like this

@RastislavBakala I don't run Binance anymore, but I actually think the reverse, ie, CEX (and DEX) should not have a listing process. They should provide access to all tokens in the universe. Traders decide what they want to trade.

CZ 🔶 BNB

💥BREAKING:

BEFORE THE $OM CRASH, 17 WALLETS DEPOSITED 43.6M $OM ($227M) TO EXCHANGES

THAT'S 4.5% OF CIRCULATING SUPPLY.

2 WALLETS ARE LINKED TO LASER DIGITAL, A STRATEGIC INVESTOR. https://t.co/mFEYMabU37

It’s a big scandal to the whole crypto industry. All of the onchain unlock and deposit data is public, all major exchanges’ collateral and liquidation data can be investigated. OKX will make all of the reports ready!