Is Lmax safe?

I'm considering investing in Lmax, but I'm wondering about the safety of my funds. Can you tell me more about the security measures Lmax has in place to protect user information and assets? Have there been any reports of security breaches or fraud associated with Lmax in the past? Additionally, how does Lmax handle storage and transfer of cryptocurrency, and what steps do they take to ensure the safety of these transactions? Is Lmax regulated, and if so, by which authorities? Finally, are there any other concerns or potential risks that I should be aware of before investing in Lmax?