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Hopefully they didn't park the investors' money in Anchor Protocol!

• nrmitchi 4y ago
  Tbh they very well may have. Didn’t think same kind of shit happen in the BTC crazy circa 2017?
  • xur17 4y ago
    It sounds like they were going all in with their customers' money, so it kind of makes sense for them to deposit investor money in UST as well. In the case of a depeg, they are screwed (since all of their customer money is gone) regardless of where they placed their capital. Might as well take full advantage..
    • SilasX 4y ago
      Aren't there regs about where you can store investors' unused money?