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This is exactly what I was thinking. This is an immense amount of cash to manage, and management is not as trivial as it might seem, especially since it has to
by ckastner 6y ago
This is exactly what I was thinking.
This is an immense amount of cash to manage, and management is not as trivial as it might seem, especially since it has to be kept liquid.
And accepting $2bn of new inflow in just one week, given how frequently and strongly crypto has been connected to illegitimate business (Silk Road, etc.) is borderline unbelievable.