You’re right. It’s not a casino and it loses people’s money.
2019-2020: Multiple treasury grabs by insiders (both known and unknown, both DPRK and not DPRK)
June 2021: $200k Asset name parsing
July 2021: $5m Bifrost Override handler
July 2021: $8m Fake deposit exploit
July 2021: $2m literally again the same shit bc you can’t fix your fucking shit
July 2021: mid 6 figs in phishing thefts on top of it lmaooooooo
2023: tsshock but too lazy to patch
2024: $100m-$200m Thorfi Rugpull
2025: $3m JP key compromises (btw some of his prod keys still aren’t rotated you motherfucking retards)
2026: $11m TSS/unknown
Personally, if I must lose my money, I prefer to lose it to a casino.
A casino is also more honest about its core properties and ambitions.