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That's what business they say they're in, but in reality they do things like (A) get nearly a billion dollars seized by the US for money laundering, (B) invest
by wmf 3y ago
That's what business they say they're in, but in reality they do things like (A) get nearly a billion dollars seized by the US for money laundering, (B) invest in risky Chinese corporate bonds, and (C) issue USDT loans backed by volatile crypto. They're usually solvent but they have been insolvent at various points in their history.