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Scenario 3: ETH crashes hard and is worth close to nothing so you refund the ETH amount that people invested. Basically zero net loss!
by 0x00000000 9y ago
Scenario 3: ETH crashes hard and is worth close to nothing so you refund the ETH amount that people invested. Basically zero net loss!
- klipt 9y agoBasically, they got investors to give them call options on ETH for free.