lots of exchanges provide crazy amounts of leverage. Kucoin lets you have a margin loan that's 10x your capital. I'm not sure this is unique to FTX. The exchan

lots of exchanges provide crazy amounts of leverage. Kucoin lets you have a margin loan that's 10x your capital. I'm not sure this is unique to FTX. The exchange itself doesn't need 1000s of people. Coinbase went on a hiring spree in 2021, but it didn't seem to have a clear strategy for all that headcount.