Jesse Powell

@jespow ↗

Deleted No

Hibernated No

Last Checked April 3, 2023

Created

Wed Jan 18 02:41:58 +0000 2023

Likes

Retweets

Source

Twitter for iPhone

View Raw Data

JSON Data

View on Twitter

Likely Available

Jesse Powell @jespow

@EthosVentures @CryptoLira Most exchanges take the coins in to their custody — they don’t let you keep custody and trade with fake coins or coins borrowed without collateral. The exchange needs to deliver the sold coins to the buyer. How do you make delivery when you don’t have control to move the coins? — PolitiTweet.org

Posted Jan. 18, 2023

Preceded By

Jesse Powell @jespow

@CryptoLira @riclas_ Yeah, lots of misleading marketing/over promising out there that likely won’t be realized until the money’s gone. There is no point in “segregated” if ultimately all still part of the same pool of funds exposed to hacks/theft/insolvency/bankruptcy. — PolitiTweet.org

Posted Jan. 18, 2023

Followed By

Jesse Powell @jespow

@sergitosergito @tomlombardi 1. where are the loans coming from? a) other client balances? b) exchange's own balance sheet? c) nowhere, fake numbers in a database 2. who's holding the collateral for the loans? a) exchange b) someone else? c) nobody? 3. in bankruptcy, how are losses distributed? — PolitiTweet.org

Posted Jan. 18, 2023