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A comment on We will not pursue the potential acquisition of FTX. Parent comment

Re:We will not pursue the potential acquisition of FTX by matheusmoreira on Thursday November 10, 2022 @12:54AM (#33542804)
> The problem is that FTX took its customers’ money and traded it for a pile of magic beans

Yup. Just yet another bank leveraging its fractional reserve. They just can't resist, can they? Actually I'm not even sure they're fractional in the case of cryptocurrency exchanges. Wouldn't be surprised if they were gambling with their entire reserves.

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Re:We will not pursue the potential acquisition of FTX by shapefrog on Thursday November 10, 2022 @03:06AM (#33543590)
Yet another asset custodian that wasnt happy to only make a billion a year so pretended to be a bank pretending to be an investor while actually just being a degenerate gambler with a hooker, blow, yacht and team / stadium naming rights buying problem.
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