Jubi Incident: Most small platforms' PoR can't withstand scrutiny Darcy from FlashRescue @DarcyAri shared in an interview with Wu Blockchain that the Jubi case wasn't initially discovered by them proactively—it started when victims, unable to withdraw funds, commissioned an investigation. Upon involvement, they found Jubi's situation to be very similar to previous cases they handled involving Ponzi schemes and fake asset backing. Regarding platform PoR, Darcy believes that while large exchanges generally have relatively transparent fund reserves, many small platforms' asset structures can't pass verification. Some platforms claim their reserves are concentrated in assets they issue or control themselves, which is not equivalent to properly verifiable 1:1 pegged assets like USDT or USDC. Follow Wu Blockchain's YouTube channel for more professional interviews, podcasts, and short videos from the Crypto industry.