Derived from Bijiie, a former U.S. Treasury technology expert, Dr. David Uzker, claims that billions of dollars in digital assets labeled as 'decentralized' are actually controlled through private servers, hidden admin keys, and corporate entities, creating systemic risks. Research shows that 60% to 75% of daily digital asset revenues flow into centralized tokens tied to fiat currencies, such as USDT and USDC. Uzker also noted that DeFi vulnerabilities alone caused over $3 billion in losses to users in 2025. He warns that if hidden control points fail, value could vanish overnight and calls for crypto regulation and transparent disclosure standards to prevent a trust collapse at the code level.
75% of 'Decentralized' Crypto Assets Found to Be Centralized, Warns Former U.S. Treasury Expert
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