Re:Bitcoin Falls Below $20k for the First Time Since 2020
by Grimburger on Sunday June 19, 2022 @02:05AM
(#31796554)
> crypto suffers an old fashioned bank run
Any half decent exchange in a western country that holds them to account has over 100% of customer assets, they don't get special rules like banks who only need a few % of customer deposits.
Bank runs aren't really possible unless there is corporate fraud happening.
Any half decent exchange in a western country that holds them to account has over 100% of customer assets, they don't get special rules like banks who only need a few % of customer deposits.
Bank runs aren't really possible unless there is corporate fraud happening.