So I got banned from r/Bitcoin for calling out what I believed to be widespread fraud from the big CeFi exchanges

Disclaimer: After thorough discussion with the r/Bitcoin mods to get unbanned, I would like to state that the reason provided for my ban was for stating my opinions as factual.

Although I hold a difference of opinion as to how true my statements are, I would like to say that all my statements are my own opinion and can not be verified beyond reasonable doubt due to the natural state of the crypto industry.

I would also like to thank u/DashCo for taking the time to review the decision and provide me the opportunity to add this reminder.

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A few hours ago, I posted a complex post about what I believed to be widespread fraud within the crypto industry, and how it appeared that lots of exchanges were essentially "printing" fake BTC by adding them to people's accounts in exchange for real cash transactions, without anyone having a physical wallet to store said BTC unless withdrawal was requested.

This leaves the possibility open that many of the exchanges may not even have physical (on-chain) BTC to back all that stored crypto on their exchanges, and instead would only acquire said BTC as needed when people make withdrawal requests.

I then went on to explain how all that "promisory crypto" could be one reason why there has been such a devaluation of crypto in general across the board (including on DeFi), and how it could devalue the cryptocurrency on other non-centralized exchanges due to the perceived value provided by CeFi exchanges.

Here is hoping I can get your opinions without being banned for raising a point.

Nothing stops all these central exchanges from conducting fractional reserve banking on BTC, and devaluing the coin in the process.