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Coinbase has suspicious crypto hedging. As a market maker, during huge crypto moves, generally to the upside, they have "outages". Its not that much different t
by ldjkfkdsjnv 3y ago
Coinbase has suspicious crypto hedging. As a market maker, during huge crypto moves, generally to the upside, they have "outages". Its not that much different than robinhood shutting off GME trading. Behind the scenes Robin Hood likely got caught levered on the wrong side
- sram1337 3y ago> Coinbase has suspicious crypto hedging Any source on this? I've never heard that > during huge crypto moves, generally to the upside, they have "outages" Price increase -> increased web traffic -> outage
- DANmode 3y ago"Behind the scenes", Robinhood's broker/the DTCC casually flashed a revolver from under the table. https://qz.com/2184431/robinhood-nearly-defaulted-during-the-gamestop-short-squeeze https://qz.com/2184431/robinhood-nearly-defaulted-during-the...