CZ Calls For Stricter Crypto DAT Safeguards After QMMM Crisis

The Binance Co-Founder recommends third-party custody and audits for Digital Asset Treasury firms following the QMMM Holdings controversy.

Business Oct 17, 2025 0 2 Add to Reading List

CZ Calls For Stricter Crypto DAT Safeguards After QMMM Crisis

Digital Asset Treasury (DAT) firms are facing increased scrutiny after the recent Nasdaq-listed QMMM Holdings controversy. Binance Co-Founder Changpeng Zhao (CZ) has called for stricter safeguards for Digital Asset Treasury (DAT) companies after QMMM’s alleged stock price manipulation.

In a post on X, CZ highlighted that all DAT companies must use standalone third-party crypto custodians and have their account setups audited by investors. He further stated that these measures are required for any YZi Labs BNB DAT investment, highlighting the importance of openness in the new industry.

All DAT companies should use 3rd party crypto custodians with account setup audited by investors.

This is a prerequisite for any @yzilabs investments in any #BNB DATs. https://t.co/POsFWZqoJG
— CZ
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