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CD99: Paxful Shuts Down with Ray Youssef

Citadel Dispatch

CHAPTER

How to Avoid Custodial Failure

I think it doesn't really help people right now to say not your keys, not your coins. That should be the number one lesson with any kind of custodial failure that you can avoid this if you hold self custody of your funds and you don't trust a third party. Would you agree that hopefully however this ends up those funds that are frozen, are they segregated? Like are they actually exist? Like does that money exist? Of course, yeah, they of course exist. Aggregated. The regulators decide when those funds were freed up and the custodian will get all those funds held up. But then people will have to go to this custodian to get their money, which

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