🚨 Rakuten Securities just had a wild system glitch over the weekend.
Users woke up to millions of yen randomly moving between Rakuten Bank and Rakuten Securities accounts. Some accounts hit zero balance without any action taken.
The issue affected users with linked accounts. Rakuten confirmed it was a system bug and claims they've restored all funds by Sept 23rd.
This is exactly why you don't trust centralized platforms with your entire stack. Not your keys, not your coins. CEX risk is real—whether it's FTX-level fraud or just sloppy code.
If you're holding serious capital on any exchange, split custody and keep cold storage as your base layer. No excuses.
Users woke up to millions of yen randomly moving between Rakuten Bank and Rakuten Securities accounts. Some accounts hit zero balance without any action taken.
The issue affected users with linked accounts. Rakuten confirmed it was a system bug and claims they've restored all funds by Sept 23rd.
This is exactly why you don't trust centralized platforms with your entire stack. Not your keys, not your coins. CEX risk is real—whether it's FTX-level fraud or just sloppy code.
If you're holding serious capital on any exchange, split custody and keep cold storage as your base layer. No excuses.
