Bitcoin Kripto

„Paxful“ generalinis direktorius skelbia „Bitcoin“ savikontrolę, pataria nesikeisti kriptovaliutų

12/12/2022
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The case for self-custody grows stronger as investors demand evidence of their assets over crypto exchanges. While some CEOs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody as he took responsibility for over 11 million users.

The fall of FTX was an eye-opener for investors who predominantly entrusted crypto exchanges with safeguarding their assets. FTX generalinis direktorius Samas Bankmanas-Friedas, however, broke this trust by misappropriating users’ funds via Alameda Research. Ever since, numerous exchanges had to share wallet information as proof of reserves publicly.

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In a Twitter post, Youssef distanced himself from “others in the industry,” reiterating that he never touched investors’ money, adding that:

„Vienintelė mano pareiga yra padėti jums ir tarnauti jums. Štai kodėl šiandien rašau visiems mūsų [Paxful] vartotojams, kad jie perkeltų jūsų bitkoinus į savarankišką globą. Jūs neturėtumėte kaupti savo santaupų Paxful ar bet kurioje biržoje, o laikyti tik tai, kuo prekiaujate čia.

Youssef will send weekly emails to users strongly advising against storing cryptocurrencies on all crypto exchanges, including Paxful. The entrepreneur further highlighted the problem with trusting custodians such as SBF, stating that “you’re at the mercy of […] their morals.”

Dėka Satoshi Nakamoto, Bitcoin (BTC) — as an asset — is shielded from centralized control and manipulation. Youssef pointed out this unique opportunity that Bitcoin brings to the table — “the chance to finally be in control.”

While he strongly advised users to take total control over their assets, Youssef assured their funds’ safety for investors that choose to store their Bitcoin on Paxful.

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SBF made the headlines after revealing his plan to start a new business for repaying the FTX investors.

“I would give anything to be able to do that. And I’m going to try if I can,” the infamous entrepreneur said when recently asked by BBC during an interview if he’d start a new business to repay FTX users.