banks are allowed to do that and in exchange are regulated and insured FTP was always going to fall apart, the government investigation into UIEGA violations t

banks are allowed to do that and in exchange are regulated and insured FTP was always going to fall apart, the government investigation into UIEGA violations triggered it sooner. It may have otherwise become a billion-dollar ponzi I lost money in FTP and was a regular player (I noticed the dodgy merchant names on credit card bills years ago and knew what was up but kept playing)