Behind Zhao Changpeng's late-night statement, whose sweat and blood money is being coveted?

Yesterday, Zhao Changpeng's words revealed truths that many in the crypto circle dared not speak. Although he is no longer at Binance, he can still 'easily deal with employee violations.' What does this indicate? It indicates that the internal issues of exchanges are much deeper than we imagine.

This is not the first time a platform has had internal problems, and it certainly won't be the last. Many retail investors always think that 'large exchanges are safe,' but forget that even the biggest platforms are operated by people. Where there are people, there are vulnerabilities; where there are vulnerabilities, there are risks for you. Every penny you place inside could be quietly manipulated by some 'internal operation.'

Don't just be a bystander; remember this. Previously, there was an incident where an employee of a certain exchange stole coins, and users took six months to recover their funds; there was also a certain platform where a 'system failure' led to contract liquidations, which ultimately went unresolved. Behind these incidents is a true reflection of regulatory gaps and lax internal controls. You think you're trading, but in reality, you're betting on someone else's conscience.

What should retail investors do? Here are three harsh words to heed:

First, don't put all your assets in one exchange; diversifying and cold storage are your lifelines.

Second, withdraw your coins to your own wallet; leaving them on an exchange is like 'lending them to someone else,' and you don't even know where the interest is.

Third, learn to examine the platform's transparency reports and audit information. If they don’t have these, blacklist them immediately.

The crypto world is not just a game of ups and downs; it is also a testing ground for human nature and trust. Zhao Changpeng's response this time is less about 'damage control' and more of a mirror—reflecting the hidden ailments of the industry and our own carelessness.

What can truly protect your assets is never just a word from some big shot, but your own clear control over your funds. In this market filled with temptation and crisis, you are your own first line of risk control and your last line of defense. #巨鲸动向