Centralized exchanges are too insecure to be trusted with custody of user cryptocurrency

From the articleMore than $170 million in crypto moves from Bitget wallets to unidentified addressAlso in Bitget Exchange Reportedly Hacked For Over $170 Million, Bitget Says User Funds Safe After $351.6M Wallet Incident, Bitget suspected of hack after $180M moved, raising security concerns, Bitget Hack Of $351.6 Million Triggers A Withdrawal Freeze, Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets - Decrypt