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A comment on FTX’s financial black hole leaves Binance balking at rescue plan. Parent comment

Re:FTX’s financial black hole leaves Binance balking at resc... by spaceman_2020 on Wednesday November 09, 2022 @04:22PM (#33538024)
What assets do Uber's shareholders own? The app?

How is that different from dApp?

[ Parent | on HN ]
Re:FTX’s financial black hole leaves Binance balking at resc... by xapata on Wednesday November 09, 2022 @06:41PM (#33539832)
Shareholders own shares of the company, and the company owns assets. For example, Uber owns some data center equipment. If the company were liquidated, that equipment would be sold and the proceeds distributed to creditors, bond-holders, and share-holders.
[ Parent | on HN ]