3 ms·

Energy futures you say? Oh boy I've heard this one before...

• NooneAtAll3 1y ago
  explain?
  • msgodel 1y ago
    That's what the infamous company Enron was running: simultaneous energy futures brokerage and market making. Their market making part blew up and they hid it from everyone for a while until the rest of the company did. It was a massive scandal. It was pretty similar to what FTX was doing just with energy instead of crypto.
• Dylan16807 1y ago
  That kind of association is why you can buy futures in just about every crop except onions. The fact that you can structure fraud around a specific kind of future doesn't make them special or a bad idea. One major fraud should not bias us forever.