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That's not how it works. Goldman is soliciting money from private clients to buy the distressed assets. They will receive a fee for this. Goldman is not putting
by dereg 4y ago
That's not how it works. Goldman is soliciting money from private clients to buy the distressed assets. They will receive a fee for this. Goldman is not putting their own capital at risk.
The assets are likely coins or stablecoins at a deep discount to market (80%+).