pricpr

The law also ensures exchanges and custodians aren’t allowed to just take your crypto and run. They now have to notify you six to twelve months in advance before your dormant assets are handed over to the state. Yes, you have a whole year (basically the crypto equivalent of a lifetime in dog years) to confirm your address and reset the “I forgot about my crypto” timer. Oh, and after that, exchanges are given a whopping 60 days to secure the necessary keys before your assets safely leave the digital realm. Let’s call it a “second chance” for the crypto crowd who clearly can’t remember their passwords.

Now, the crypto crowd’s all aflutter, wringing their hands like a bunch of nervous hens. 🤔 They’re squawking about the timing, the size, and the fact that this whale’s got a knack for profiting from market crashes. Last week, this slick operator walked away with a cool $200 million after shorting BTC and ETH just hours before the market took a nosedive. Coincidence? I’d sooner believe pigs can fly. 🦅