Yet more reason to be leery of crypto: even when you have won on a leveraged bet, you can be haircut to help rescue the exchange.
One of the crypto phenomena bizarrely not discussed with enough frequency in polite company is the frequency of crypto exchange failures. High profile, significant customer-impact events like the implosion of GotX and FTX seem to be related to the ca… [9479 chars]
Source: Naked Capitalism | Published: 2025-10-13T10:15:24Z
Credit: Naked Capitalism
