CZ Binance warns users about using Binance Exchange

November 30th CZ Binance tweeted

• beware of platforms that offer High APYs
• and/or
• have layoffs
• if you don't do risk management now, don't blame others for the consequences later

https://preview.redd.it/xplzqzt9zecb1.jpg?width=1024&format=pjpg&auto=webp&s=01a614d17b84630c56f2b9bec3938415192becc5

fast forward to today and the headlines are about Binance laying off thousands of employees

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https://preview.redd.it/kl7xyccxzecb1.png?width=1082&format=png&auto=webp&s=55ce4c938db2f4ca546cef971de66aaf997d5d21

It also turns out that Binance offers high APYs

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https://preview.redd.it/a60km7bk0fcb1.png?width=680&format=png&auto=webp&s=8721c2b41ab3868e285df2b74970f521c4d20eef

So if we listen to the warning that CZ tweeted last year everybody should probably stop using Binance or get ready to blame nobody but yourself for not doing proper risk management.