The failures of centralized finance have been on full display in recent weeks, with FTX revealed to have perpetrated what will likely go down as the biggest fraud since Enron. This is what Bitcoin and DeFi were built for.
Announcing the CEX Education Program
"The CEX Education Program is an effort to provide the incentives needed to encourage the transition away from risky centralized exchanges to self-custody, where the real benefits of this technology lie."
-Dennis Jarvis, Bitcoin.com CEO
The CEX Education Program, which is funded by 5% of the VERSE token supply, will reward victims of FTX, Blockfi, Celsius, Voyager, Coinflex, and other centralized entities.
If you have lost funds as a result of the gross mismanagement of customer assets by any centralized entity you had entrusted with your crypto, please head over to getverse.com for details on how to opt in to the reward.
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