> Trust and Security
> FTX and FTX US follow the same security standards and neither site has ever been hacked. Both platforms encourage two-factor authentication (2FA), and both practice cold storage of user funds.
> The only difference is that FTX has an insurance fund for users that is funded through their trading fees. If a hack were to occur, FTX can reimburse affected users. FTX US doesn’t have insurance in that manner, crypto lost through a hack isn’t covered, but USD deposits are FDIC insured. Because the original FTX has a more comprehensive insurance fund for users, it gets the edge here.
Don't worry... He's going to jail...