Backpack CEO advocates for mandatory withdrawal delays to enhance security
Crypto Briefing·Jul 15, 2026·2 sources·neutral
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Backpack CEO advocates for mandatory withdrawal delays to improve crypto security, though it may reduce market agility.
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NEW: @Backpack CEO @armaniferrante SAYS EVERY EXCHANGE AND PROTOCOL SHOULD ADD MANDATORY WITHDRAWAL DELAYS TO DETER HACKERS "KILL INSTANT SETTLEMENT" "YOU GIVE ME ANY CUSTODY SYSTEM AND IT IS IMMEDIATELY MORE SECURE WITH A WITHDRAWAL DELAY THAN WITHOUT IT "THERE ARE NO EXCEPTIONS" Earlier today
@degeneratenews
Jul 15, 2026
Backpack CEO advocates for mandatory withdrawal delays to enhance security
Crypto Briefing
Jul 15, 2026