Red flag if your CEX is run by a single-nationality team.
Diversity in management = better risk distribution, different regulatory perspectives, and less chance of coordinated exit scams.
If the entire C-suite shares the same passport, you're basically trusting one government's legal system to not blow up your funds overnight.
Due diligence 101: Check the team page. If everyone's from the same place, that's not decentralization—that's a liability.
Protect your bags accordingly.
Diversity in management = better risk distribution, different regulatory perspectives, and less chance of coordinated exit scams.
If the entire C-suite shares the same passport, you're basically trusting one government's legal system to not blow up your funds overnight.
Due diligence 101: Check the team page. If everyone's from the same place, that's not decentralization—that's a liability.
Protect your bags accordingly.