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A comment on FTX to file for U.S. bankruptcy, CEO resigns. Parent comment

Re:FTX to file for U.S. bankruptcy, CEO resigns by polygamous_bat on Friday November 11, 2022 @12:27PM (#33563742)
They will be fine _modulo people's interest in crypto_. The way I think about it is that their business model is taking fees off of every transactions, so as the interest tapers off so will their earnings and valuation.
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Re:FTX to file for U.S. bankruptcy, CEO resigns by jjfoooo4 on Friday November 11, 2022 @12:44PM (#33564003)
On the path to bankruptcy the boring way, not being able to turn a profit
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Re:FTX to file for U.S. bankruptcy, CEO resigns by polygamous_bat on Friday November 11, 2022 @12:56PM (#33564192)
Perhaps Coinbase will set a record by being the first crypto exchange that folded the proper, legal way! /s
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Re:FTX to file for U.S. bankruptcy, CEO resigns by saurik on Friday November 11, 2022 @03:47PM (#33566596)
You seem to be confusing "is a good business to invest in" into the discussion of "is reasonably safe to use".
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Re:FTX to file for U.S. bankruptcy, CEO resigns by zen21 on Friday November 11, 2022 @07:55PM (#33568820)
Would you say they are A-OK?
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