Changpeng Zhao Calls for Enhanced Security in Cryptocurrency Investments

Binance co-founder Changpeng Zhao has underscored the crucial need for transparency and enhanced security within cryptocurrency investment practices. Following the operational halt of QMMM Holdings, a Hong Kong-based company, Zhao raised concerns about potential security vulnerabilities in cryptocurrency treasury companies (DATs). He emphasized that no DAT investments can be deemed safe without third-party custodial services and investor audits. This warning comes amid a period of heightened investor uncertainty, serving as a crucial reminder for the industry.