And what is the name of an institution that allows you to deposit unlimited amounts of money, but when you try to withdraw it they don’t let you? FTX? Yes. A bank? Also yes.
In Lebanon people are holding up the banks at gunpoint to withdraw their own money.
I am not pretending that banks are perfect. But regulations are made so these situations happen as little as possible. In cryptocurrencies, such frauds and gross mismanagement are called an ordinary Monday.
In Lebanon people are holding up the banks at gunpoint to withdraw their own money.