Re:Sam Bankman-Fried sentenced to 25 years in prison
by rootusrootus on Thursday March 28, 2024 @02:20PM
(#39855465)
> basically the traders did a bank run
Given that FTX is not a bank, and does not do any sort of (high regulated for a reason) fractional reserve lending ... how exactly can there be a run? All of the assets should still have been there.
Given that FTX is not a bank, and does not do any sort of (high regulated for a reason) fractional reserve lending ... how exactly can there be a run? All of the assets should still have been there.