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> basically the traders did a bank run Given that FTX is not a bank, and does not do any sort of (high regulated for a reason) fractional reserve lending ... h
by rootusrootus 3y ago
> basically the traders did a bank run
Given that FTX is not a bank, and does not do any sort of (high regulated for a reason) fractional reserve lending ... how exactly can there be a run? All of the assets should still have been there.
- okeuro49 3y ago> fractional reserve lending This is out of date. There is no reserve requirement anymore.