Jesse Powell

@jespow ↗

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Last Checked April 3, 2023

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Wed Jan 18 03:47:01 +0000 2023

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Jesse Powell @jespow

@sergitosergito @tomlombardi For this particular product, it didn't sound like you were limited to only trade CFDs or Futures with the "mirrored" balances. I could be missing something though. IDK if the custodian is actually sufficiently segregated but conceivably, it's possible. Who is the lender though? — PolitiTweet.org

Posted Jan. 18, 2023

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Jesse Powell @jespow

@sergitosergito @tomlombardi if it's only for trading Futures, it makes more sense. If it's for trading spot, the coins have to come from somewhere. — PolitiTweet.org

Posted Jan. 18, 2023

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Jesse Powell @jespow

@sergitosergito @tomlombardi The BK trustee would be trying to collect on all loans. If you borrowed funds, deposited them on the exchange and the exchange got hacked, you still technically owe the funds for the loan back. They might even take your collateral if you don't pay off the loan (of hacked funds). — PolitiTweet.org

Posted Jan. 18, 2023