Binance CEO Changpeng Zhao (CZ) has issued a stern warning following the alleged exit scam of QMMM, the crypto company claiming to be the first Digital Asset Treasury (DAT) company. He urges greater transparency and security measures, emphasizing the need for third-party custody across DAT companies. CZ emphasizes that user funds should be held by independent custodians rather than by the companies themselves. He also recommends investor-led audits during account setup as a non-negotiable safety measure. In response to this incident, YZi Labs, backed by CZ, is imposing stricter rules for future BNB DAT investments, requiring third-party custodians and investor-initiated audits. This move aims to establish industry standards for security and transparency in the evolving digital asset treasury (DAT) sector.