Submitted by fudge_u t3_yrzmif in technology
nova9001 t1_ivy1p5y wrote
Reply to comment by The_ODB_ in FTX looks for $9.4 bln in rescue funds, Bahamas freezes some assets by fudge_u
Apparently you don't need to be a bank or investment business to take risk.
Anyway, the money is gone. Losers are people who put money into FTX and winners enjoying their billions somewhere in paradise.
The_ODB_ t1_ivyyotp wrote
My point is that officially they have never leveraged anything. That's not what an exchange does.
nova9001 t1_ivyzsr7 wrote
Hence why officially they told everyone they never and then shifted the assets to a sister company.
Funny thing is after the investigations, they might be just walk.
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