Re:FTX US’s wallets appear to be hacked, $600M leaving the e...
by someguydave on Saturday November 12, 2022 @08:48AM
(#33572999)
Agree. You don’t need extra special “crypto” regulation to know that customer’s assets should not be stolen.
Arguably, fractional reserve banks “steal” customer deposits to invest and pay interest in exchange. They have a very particular license from the government and are monitored (and insured) and rightly so - they are very dangerous.
Arguably, fractional reserve banks “steal” customer deposits to invest and pay interest in exchange. They have a very particular license from the government and are monitored (and insured) and rightly so - they are very dangerous.