<oembed><type>rich</type><version>1.0</version><author_name>npub1ah3aj4mhfew4c7txfdd4paf3wr5syntkeyxenl9fxf9rejte2wpqwcl76e</author_name><author_url>https://nostr.ae/npub1ah3aj4mhfew4c7txfdd4paf3wr5syntkeyxenl9fxf9rejte2wpqwcl76e</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>Seems you haven&#39;t followed years of discussions around fractional reserves schemes by CEX like Binance, OKX, Poloniex, HTX, Gate, MEXC and likely more.&#xA;&#xA;Monero community started to suspect misconduct in 2021, when Monero had been one of the select few coins that didn&#39;t make s new ATH throughout. That&#39;s where Monerorun had its origin.&#xA;&#xA;What followed were weeks, months and in some cases years of closed withdrawals.&#xA;&#xA;More known is its more recent history, delistings, officially to comply with MiCA and other regulations. Behind closed doors to buy time to avoid insolvencies.&#xA;&#xA;With the relisting as futures they still capture trader interest while not being exposed to compliance risks or mass withdrawal of coins.&#xA;&#xA;Fractional reserves if properly executed mean extra profit for unregulated CEX aka competitive advantage.</html></oembed>