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If you don't understand, just ask: Does the platform have a responsibility and obligation to protect its users?
For example, are background checks required for projects before they are launched?
Are malicious manipulations punished?
For example…
It's simple logic: not all companies can list on Nasdaq! In the crypto, if an exchange invests, the token is usually listed, even if the fundamentals are terrible, like Light before its listing on Binance. The entire alpha group that helped with testing for almost a year was kicked out? And this happened just days before the listing; many people tweeted about it, but Binance ignored it! Can a team with such a lack of ethical standards run a good project? @cz_binance
Therefore, shouldn't all exchanges in the industry establish protection mechanisms? Why don't they fulfill their necessary responsibilities and obligations after collecting transaction fees?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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