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You really need to provide some citations. The fees are actually extremely lucrative, check the Coinbase filings during the bull run. The FTX trading fees wer
by Mistletoe 4y ago
You really need to provide some citations. The fees are actually extremely lucrative, check the Coinbase filings during the bull run. The FTX trading fees were massive as well and is one of the reasons SBF is a profound idiot. He could have banked those fees forever but he wanted more and more gains so went to the dark side trading and using user funds and of course losing them.
> The (FTX) crypto exchange's revenue soared more than 1,000% from $89 million to $1.02 billion in 2021.
- DebtDeflation 4y agoPeople really still take any financials that FTX released at face value? Do you also believe SBF when he says he was 8 minutes away from receiving billions of dollars of funding that would have made everyone whole when he mistakenly filed bankruptcy?