#Binance wasn't always this corrupt.
The acceleration of corruption began the moment
that so-called cryptocurrency president took office 🤡
Under the previous administration, with Gary Gensler as chairman of the Securities and Exchange Commission (SEC), exchanges like Binance faced at least some operational constraints. They knew any serious violations could have tangible consequences.
A massive cash-out like 10/10? It either wouldn't happen at all, or it would at least be severely punished.
Then, the wind changed.
A precedent was set when political elites openly launched
online scams, printed virtual tokens, and cashed out billions of dollars with impunity.
Power could be used to cheat.
So, these platforms also learned how to use power to cheat.
The fear disappeared.
Standards collapsed.
Exchanges ➝ Casinos
Fuck the Orange President