Zhao Changpeng: It is a bad idea for two people to access the same private key, as it will be impossible to reasonably prove it when stolen

ChainCatcher news, Binance co-founder Zhao Changpeng posted on X yesterday, "Recently, I've seen some people accepting cryptocurrency by receiving private keys or hardware wallets. This is a bad idea because the giver still has access to that cryptocurrency. The cryptocurrency should be transferred to an address that the recipient owns, or better yet, just have the giver send it to an address that the recipient owns. Allowing two people to access the same private key (or mnemonic phrase) is a bad idea. When these cryptocurrencies are moved (or hacked), it is almost impossible to prove who moved it (or was hacked)."