17Commentary 17C
@17Commentary
14 November, 08:11
FTX held $900M against $9B in obligations - 10%.
that’s well above what the bank reserve requirement of 0%.
wait til normies find out about that SBF had more customer capital on hand than the reserves held by traditional banks.
bank runs could come once they wake up…
liquidity drying up everywhere.
that’s well above what the bank reserve requirement of 0%.
wait til normies find out about that SBF had more customer capital on hand than the reserves held by traditional banks.
bank runs could come once they wake up…
liquidity drying up everywhere.
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