Crypto exchanges get roasted, but look at how they handle a breach vs TradFi.
$BTC 7,000 stolen from Binance in 2019. Binance paid it out of the SAFU fund. Users lost $0.
Bybit got hit for $1.5B in 2025, with Lazarus linked to it. They plugged the hole fast and kept withdrawals running.
Meanwhile your bank can take a week or more just to reverse one card charge. 😂
No exchange is risk-free, so self-custody what you can't afford to lose. But when it comes to making users whole, the exchanges showed up faster than the banks.
$BTC 7,000 stolen from Binance in 2019. Binance paid it out of the SAFU fund. Users lost $0.
Bybit got hit for $1.5B in 2025, with Lazarus linked to it. They plugged the hole fast and kept withdrawals running.
Meanwhile your bank can take a week or more just to reverse one card charge. 😂
No exchange is risk-free, so self-custody what you can't afford to lose. But when it comes to making users whole, the exchanges showed up faster than the banks.