The post Major Warning Issued by Top Dogecoin Contributor: Details appeared on BitcoinEthereumNews.com.

Warning to stay away from crypto lending products Mishaboar spotlights issue of DOGE X account suspension Top Dogecoin contributor, known to the crypto community under he alias Mishaboar on the X social media network, has addressed the DOGE army with a major warning about crypto and one of ways in which it is being used unsafely for the community. Mishaboar warned crypto retail crypto users, saying they should stay away from “lending products in crypto.” And it does not matter for him “who or what is implementing” this kind of service. Warning to stay away from crypto lending products Mishaboar explained his warning by stating that he does not believe the crypto industry is ripe enough to make crypto lending “reasonably safe for most users.” Besides, he strongly doubts that it will ever be safe at all. Crypto lending, the Dogecoin contributor believes, is run mostly by “immoral peddlers” (where, he believes, many exchange CEOs can be easily included). Mishaboar accuses crypto platforms of “promising to custody user funds” (both centralized and decentralized exchanges) and failing to do that “partially or catastrophically.” It’s an industry run – at best – by lowly, immoral peddlers (this includes many exchange CEOs), where countless platforms promising to custody user funds -whether centralized or decentralized – have failed, either partially or catastrophically. It will take a LOT more work and a… — Mishaboar (@mishaboar) June 17, 2025 Mishaboar shared his take that “a lot more work and a spectacular injection of honesty” is necessary to bring any radical changes, after which “your grandpa can safely play with crypto.” And he does not believe it is likely to happen any time soon. You Might Also Like Mishaboar spotlights issue of DOGE X account suspension At the end of May, Mishaboar drew the crypto community’s attention…

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Filed under: News - @ June 17, 2025 7:28 pm