Latest news: The amount of money coerced out of Lan Zhanfei was 1.088 million, not the rumored 17 million. For him, this amount isn’t enough to cause serious damage, but the incident itself is extremely vile. Luckily, he’s not in Web3. The limits and risk controls of traditional finance saved him. If it were someone in the crypto space, a single authorization or facial recognition could have emptied everything. Suggestion: CEX should roll out a multi-signature/limit feature that can be activated before traveling to prevent getting completely wiped out offline… @heyibinance @cz_binance