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<ul class="news-points"> 
 <li>Binance critic Adam Cochran issues his final FUD warning on the exchange.</li> 
 <li>He shared three critical points for those who remained on the fence.</li> 
 <li>One of the highlighted risky practices involves TUSD and compliance.</li> 
</ul> 
In a recent tweet, the renowned Binance critic <a href="https://coinedition.com/data-shows-promoter-of-binance-fud-adam-cochran-is-an-ftx-affiliate/">Adam Cochran</a> released what he called his last round of FUD attacks on Binance. Cochran called the piece his last warning against the exchange, believing he has convinced enough people about the risk associated with using Binance.&nbsp; 
Yet, he shared three critical points for consideration for those who remained open-minded, noting the exchange takes unnecessary risks with no foreseeable benefit. 
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 1/12 Here’s my last piece of Binance FUD because I think I’ve convinced just about everyone I can. But, if you are still on the fence or even just open minded, I’d like you to consider three statements that even my critics will agree with:— Adam Cochran (adamscochran.eth) (@adamscochran) <a href="https://twitter.com/adamscochran/status/1713362905603678276?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 15, 2023</a>
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First, he raised concerns about Binance’s use of <a href="https://coinedition.com/justin-sun-injects-fresh-815m-worth-of-tusd-into-circulation/">TrueUSD (TUSD) stablecoin</a> in promotions or as collateral, arguing that TUSD is not ideal collateral due to its low volume and limited usage. Besides, Cochra…
The post <a rel="nofollow" href="https://coinedition.com/critic-adam-cochran-issues-final-warning-on-binance-risky-business/">Critic Adam Cochran Issues Final Warning on Binance Risky Business</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Critic Adam Cochran Issues Final Warning on Binance Risky Business

Coin Edition

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