Bitcoin

IntroductionOn January 3rd, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, appeared in a federal court in New York, pleading not guilty to eight charges including defrauding customers, money laundering, and violating campaign finance laws. The trial is set for October 2nd, and is currently underway. If convicted on all charges, he could face up to 115 years in prison.<a href="https://superex.me/3YjX5oK" rel="noopener noreferrer nofollow">Click to download the SuperEx APP</a><a href="https://superex.me/cmc" rel="noopener noreferrer nofollow">Click to enter SuperEx CMC</a><a href="https://superex.me/academy" rel="noopener noreferrer nofollow">Click to enter SuperEx DAO Academy</a><img src="https://miro.medium.com/v2/resize:fit:875/1*rzSgOG2QqFi0D6keaEhDEQ&#64;2x.png" />Prosecutors criticize Sam Bankman-Fried for contradictory statements, the core issue is whether FTX promised to be a secure exchangeOn October 30th, during a hearing in New York, prosecutor Danielle Sassoon asked dozens of questions, focusing on whether FTX had promised to be a secure exchange and whether Sam Bankman-Fried had lied to users, investors, and even Congress on this matter.Sam Bankman-Fried stated that he never told customers and investors that FTX was a secure exchange, nor did he promise that customer assets would be protected by FTX.Danielle Sassoon then inquired and sought confirmation whether Sam Bankman-Fried had ever publicly stated that FTX was more secure than other exchanges, which he again denied.However, evidence presented by Danielle Sassoon proved Sam Bankman-Fried’s lies, putting him in a difficult position. Sasha Hodder, founder of Hodder Law Firm, said that the possibility of Sam Bankman-Fried and his team convincing the jury was “zero”.Currently, Sam Bankman-Fried’s defense team makes a last-ditch bid to include ‘English Law’ detail in jury instructions.If they fail to persuade the jury, Sam Bankman-Fried could face up to 115 years in prison.SuperEx commits 100% to the security of user funds“Trade transparency,” “fund security,” “always allowing withdrawals (except in cases of suspected money laundering/theft),” “2FA protection,” and other security assurances were all denied by Sam Bankman-Fried. FTX does not commit to protecting users’ fund security, and we see a person who has lost his baseline to avoid guilt.Indeed, “fund security is the bottom line and lifeline of an exchange.” Unlike FTX, SuperEx has made the security of user funds an absolute core issue since its establishment. Trade transparency, zero risk to assets, and zero hidden risks in identity are the most stringent requirements that SuperEx imposes on itself regarding the security of user funds.<img src="https://miro.medium.com/v2/resize:fit:875/1*Eh17JW77dMvWxIvZfCDNbw&#64;2x.png" /><h2 id="header-0">SuperEx dares to publicly commit: SuperEx makes a 100% safety commitment to users’ funds!</h2>It is noteworthy that 100% safety does not include:<blockquote>· Suspected money laundering, apologies, or any form of black money;· Normal investment trading gains and losses;· Risks of force majeure.</blockquote>SuperEx’s Asset Zero-Risk, Three-Tiered “Locks” for User Funds Safety<h2 id="header-1">The first “lock” for SuperEx’s trade security is transaction transparency and blockchain information recording.</h2>The trades between users are completed on the blockchain, where miners package and broadcast their transactions, with all trades being on-chain. When transaction information is recorded on the blockchain, it means the details are publicly queryable and immutable, ensuring secure and transparent transaction information.<h2 id="header-2">Decentralized asset storage is the second “lock” for SuperEx’s trade security.</h2>SuperEx does not access user funds; users’ assets are entirely controlled by their blockchain wallets, with users holding their private keys. The assets are entirely in the users’ hands, with the platform having no control or interference. User assets are fully isolated from each other. The perfect combination of SuperEx and Super Wallet provides users with decentralized asset storage, combining the transaction efficiency of a CEX with the asset security of a DEX.<h2 id="header-3">2FA &#43; SuperEx Identity Verifier constitutes the third “lock” for SuperEx’s asset security.</h2>SuperEx requires all users to undergo 2FA authentication before engaging in cryptocurrency transactions, contracts, or other investment activities to help ensure account security. Additionally, SuperEx has introduced a dynamic verification code — SuperEx Identity Verifier. After users pass a picture verification upon logging in to SuperEx, they must enter a dynamically generated code for successful verification, thus providing “two-step verification” protection for the account.The issue of exchange funds security is a zero-sum game; it’s not just about one aspect but a comprehensive matter that greatly tests the technical and financial strength of the exchanges. SuperEx is at the forefront of global exchange security.Zero risk, zero hidden problems, and zero accidents are SuperEx’s consistent pursuit!<a href="https://teams.microsoft.com/l/message/19:82f1708c-2c3d-4bf9-ad80-610d9790020a_af5b89d8-aa9a-46fc-9742-f4d567b69bac&#64;unq.gbl.spaces/1698909601787?context&#61;%7B%22contextType%22%3A%22chat%22%7D" rel="noopener noreferrer nofollow">https://www.youtube.com/watch?v&#61;h1EwSelXbS</a><img src="https://miro.medium.com/v2/resize:fit:800/1*AYiEUK4gEU4RfSDbapwvvQ.gif" />

Sam Bankman-Fried could face up to 115 years in prison; security and trust are cornerstones that exchanges cannot overlook!

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