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> By contrast no bank would have touched Alameda with a ten foot pole. Would you believe... a pension fund is involved with FTX? https://fortune.com/2022/11/1

> By contrast no bank would have touched Alameda with a ten foot pole. Would you believe... a pension fund is involved with FTX? https://fortune.com/2022/11/10/canadian-teachers-could-have-95-million-hole-pensions-ftx-crypto-implosion/ https://fortune.com/2022/11/10/canadian-teachers-could-have-... I doubt the full extent of the connections to Alameda (or FTX) have been disclosed.

qeternity 4y ago
Would you believe...that pension funds, particularly Canadian ones, invest in lots of risky assets? Also, they invested in the equity, specifically because they're not allowed to hold crypto. In theory, it's also the better risk/reward in the long run i.e. casino house vs gambler (provided the exchange isn't effectively also a hedge fund that blows up).