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A comment on FTX Tapped into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall. Parent comment

Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by jefftk on Thursday November 10, 2022 @03:18PM (#33552646)
Well, your account still shows $100, but Chase has paused withdrawals while they "sort out liquidity issues" so it's effectively $0
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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by ericd on Thursday November 10, 2022 @05:31PM (#33554527)
Yep, this is exactly what happened en masse during the Great Depression. People were selling their bank account books for a fraction of their nominal value.
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Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by topranks on Thursday November 10, 2022 @06:09PM (#33554953)
People are selling their ftx.com logins the same way today.
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