Re:USD 4.27B stolen in 2022 in Web3/crypto hacks and scams
by riffraff on Tuesday January 03, 2023 @11:56AM
(#34234066)
I'm pretty sure the US has insured deposits up to a sizeable threshold, so no, the vast majority of customers would not have been FTXed, I think.
This is something that keeps coming up: the regulations and institutions in traditional finance exist largely because it already went through the same pain that crypto finance ia going through now.
This is something that keeps coming up: the regulations and institutions in traditional finance exist largely because it already went through the same pain that crypto finance ia going through now.