BINANCE INSOLVENT & NEXT TO COLLAPSE?!

Cryptocurrency might be getting ready to crash as FUD is starting to circulate the Binance might be insolvent and the next cryptocurrency exchange to collapse. CZ Is facing increased scrutiny over a failed audit on their proof of reserves or one to one backing of cryptocurrency assets held by customers on the exchange. Binance does not have oh 100% collateralized holding of Bitcoin and if everybody tried to pull all of their assets off of the exchange at the same time it would probably collapse. Binance does not have an official headquarters and most of their offices are located in tax havens or regulatory safe havens so it could protect them if they are participating in fraudulent activities or misallocating customers funds. if Binance collapses then the whole crypto market is going to dump and take another leg lower as we head toward capitulation and people flee from the crypto market. To keep your cryptocurrency investments safe the only way is to put them all into cold storage on a hardware wallet and keep your assets in self custody. This is a warning and an emergency cryptocurrency news update.