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A comment on Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout. Parent comment

Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by sgt101 on Friday June 17, 2022 @02:12PM (#31782109)
>Not really true, collateral is decided at the end of the day and not mid day.

Ho ho ho - no it's decided as soon as your lender things that it needs to liquidate you, and if it does it will know that you're not going to be able to go to court to fight afterwards.

A lot of nasty scenes start with someone on a phone shouting "you can't do that for another 2 hours".

Yup. Yup we can.

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by Judgmentality on Friday June 17, 2022 @03:12PM (#31782932)
You write this comment as if you regularly liquidate people. Is this something you've done a lot?
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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by Judgmentality on Friday June 17, 2022 @05:42PM (#31784744)
Someone responded and deleted a comment that this isn't how it works. I guess I'll never know.
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