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This is pretty twisted. FTX can claim it made customers whole by benefiting from exactly the speculative gains that it prevented its customers from getting.
by rootusrootus 3y ago
This is pretty twisted. FTX can claim it made customers whole by benefiting from exactly the speculative gains that it prevented its customers from getting.
- jedberg 3y agoIt’s certainly immoral but it’s the risk you take investing in an unregulated market. There are regulations to prevent exactly this when you invest in stocks or put your US dollars into a bank account.