4 ms·

Were they gambling with customer funds? I don't understand how they lost crypto they were simply holding as a custodian...

• impulser_ 4y ago
  They were a lender to 3 Arrows Capital, who was liquidated. These crypto exchanges are over leveraged. They make banks look like saints in risk managements.
  • floydnoel 4y ago
    Of course they weren’t just being custodians! Gotta chase those returns…
• deleted 4y ago
  [deleted]