Yeah, that’s what I meant by it being very weird. Assuming no illicit purpose, it’s a terrible deal, but this is FTX so it was probably a scam somehow, or money

Yeah, that’s what I meant by it being very weird. Assuming no illicit purpose, it’s a terrible deal, but this is FTX so it was probably a scam somehow, or money laundering. The bank appears partially owned by Deltec which is connected to Tether, there could be something there