Is this sword safe???

Hi all.
I obtained a replacement epee blade from a brand name house. The
blade when it arrived was not well finished even for recreational level
equipment. The channel that holds the wire was somewhat butchered by
repeated applications of the grinder that forms the channel. The blades
cross section is not a nice uniform sweep from thick to thin but varys up
and down noticeably along the blade. There are several other points not
relevent here.

The blade was wired and set as I had no other but I quickly found that
when used, the set to the grip (Down and to the Left for a right hander)
could be changed by a good bind or parry. The amount of movement makes
the blade almost unuseable. However it is so soft that it can be
straightened by hand on the piste.

My question. Is this thing even safe to be on the piste???

All other things aside I am really surprised to see the forge mark on
this blade and to see how really poor the workmanship is but of greatest
concern now is should I be throwing this out before someone gets hurt??

Thanks in advance for your learned assistance

Earl