Comment

Comment by yieldcrv

That doesn't boggle my mind

Yobit is an long standing exchange, not one I would use

Yobit Pro was a scam app pretending to be related to that exchange

Crypto returns can be quite fast. If you have $4 million and its not really absurd to take that an order of magnitude higher, and be used to the volatility of it going lower.

There are plenty of “random crypto apps” that work fine for any amount of money

Don't let your own paranoia get in the way

“Not your keys, not your coin” remains true for “Yobit Pro”, FTX and established players like Coinbase

Plenty of random crypto apps are self custody apps that work fine

The people running Yobit Pro are probably using similar levels of OPSEC, and just have a lot more crypto now. This PvP aspect of crypto keeps it going.

parent yieldcrv 2 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton