3 ms·
If there are margin calls for pension funds, the managers are doing things with other people’s money which these people do jot understand and would probably not
by pfortuny 4y ago
If there are margin calls for pension funds, the managers are doing things with other people’s money which these people do jot understand and would probably not consent to.
- xtracto 4y agoFrom my 10000 feet view, it looks VERY similar to what Celcius and other Crypto scams happened: People put their assets in this place as an "investment". But the fund managers get greedy and start playing all kind of lotteries with the money. Then they lose it and shrug. The difference is that these guys get bailed out by the taxpayers, while the people that invested in crypto scams get shafted.