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Re:Metakovan, the mystery Beeple art buyer, and his NFT/DeFi... by ahepp on Sunday March 14, 2021 @02:48PM (#26457729)
Yeah, in shady tax haven jurisdictions. It's the wild west factor.
Re:Metakovan, the mystery Beeple art buyer, and his NFT/DeFi... by ric2b on Monday March 15, 2021 @11:48AM (#26467386)
In other jurisdictions the banking system is protected from such failures with taxpayer money, so you still end up losing some of it.