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The important part is that the money lost was the Banks (or the insurance companies - it's unclear). $80m is not chump change, but it also isn't a catastrophic
by Ntrails 10y ago
The important part is that the money lost was the Banks (or the insurance companies - it's unclear). $80m is not chump change, but it also isn't a catastrophic loss which gets passed on to savers.
Of course, understanding the difference between an exchange and a bank is worthwhile - but these guys getting rinsed repeatedly and taking out user wallets is a problem that can't be waved away.