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>may There’s no precedent. Disclosures are always worst case scenarios And again, will anyone please read their fucking balance sheet? Liabilities of $105bn,
by RC_ITR 4y ago
>may
There’s no precedent. Disclosures are always worst case scenarios
And again, will anyone please read their fucking balance sheet?
Liabilities of $105bn, $101bn which are deposit liabilities vs. $101bn of customer assets.
Even in a worst case scenario depositors get a <4% haircut.
THIS IS VERY DIFFERENT FROM WHAT FTX DID