> One interesting thing is that properly run crypto custodians don't make the news, are 100% collateralized and can withstand 100% withdrawals in an orderly fas

> One interesting thing is that properly run crypto custodians don't make the news, are 100% collateralized and can withstand 100% withdrawals in an orderly fashion. Many people in the crypto space could attest to that from various crowdfunds that distributed everything fine, or exchanges that told people to withdraw, or wound down. This is no different than any hedge funds prime brokerage, which is the more appropriate comparison. Both can lend out the securities that they hold but both should be able to call back and make their depositors whole. Crypto has nothing to do with this as far as I can tell.