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But their point was: FTX doesn't purport to be a bank
by pcai 4y ago
But their point was: FTX doesn't purport to be a bank
- kikokikokiko 4y agoIt doesn't purport to be a HUGE PONZI either, but... Just another normal day in crypto land.
- astrange 4y agoI mean, the CEO does literally tell people he's running a Ponzi. https://www.bloomberg.com/news/articles/2022-04-25/sam-bankman-fried-described-yield-farming-and-left-matt-levine-stunned https://www.bloomberg.com/news/articles/2022-04-25/sam-bankm...
- kasey_junk 4y agohttps://www.fdic.gov/news/press-releases/2022/ftx-harrison-letter.pdf https://www.fdic.gov/news/press-releases/2022/ftx-harrison-l... Well…