[aurareturn]

Of course FTX was doing shady stuff. Every crypto exchange does it. You can find examples of crypto exchanges doing shady stuff everywhere.

But no one figured out that FTX was 100% scam, moved billions from their customers, commingled funds with Alameda until after the collapse. This is despite being on the blockchain.

My point is that the transparency of blockchains does not matter for crypto exchanges. They have a million ways to scam their customers without being noticed on chain.

[EscapeFromNY]

Yes, that's where the saying "not your keys, not your coin" comes from. But that's another deep rabbit hole.

Since this thread is about Google (don't forget), what's the equivalent of "not your keys" for Google ads? That's why it's an apt comparison, and the subject of the EU's complaint.