Cointelegraph - Malaysian regulators add Huobi to investor alert list

Uh-oh...!!!         

For Malaysian I would suggest using MEXC Global to trade in you are into Spot. If Futures can try Bitget, got copy trade function

Not really trusting the Gov but anyway. Waiting for the next Crypto bull run   

Long term is bullish bro, just leave it at that and keep on DCAing

All current ETH will be autoconverted.
But if the miners fork it like ETC, you need to keep it in non-exchange personal wallet if you want to have both versions of ETH. Can use MetaMask chrome extension for that

Doubt Metamask will email you, better ignore.

Ethw is old proof of work Eth (1.0), obsolete aldy. New one you get airdropped is the proof of stake one (2.0).

You dun need to do anything but you did miss selling Ethw for free money.

FTX suffered a "complete failure of corporate controls" according to the company's new chief executive who was appointed as part of the crypto exchange's bankruptcy process.

In a filing to federal bankruptcy court, John J. Ray, who has helped oversee some of the biggest bankruptcies ever, including Enron's, said despite his 40 years in the business of restructuring companies, he's never seen anything as bad as FTX.

"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."
https://www.wsj.com/

It seems the emperor was naked. Only after the tide turned could tell who was swimming naked.

Who will be next?

Hmm… seemed like Tether also label “future receivables” as part of their reserved. Their biggest client is ftx. Interesting……

Also Genesis is doing 1bil fund raising, if this fail possibility of dissolving either their gbtc or ethe trust due to its below fair value market price. Also another big hammer to crypto.

Seemed like all bad news for now, can open short position but low volume easy to manipulate pump by whales. Decisions, decisions…

How bad were FTX's internal controls?

https://mobile.twitter.com/GRDecter/status/...272102047580161

Similar could happen at other crypto outfit.

Only after the tide turned will discover who was swimming naked.

Cz raising 1B for funds to save projects, incidentally today 600m busd was withdrawn from Binance hot wallet and 389m worth of Bnb from Venus.