Sat Oct 7 02:28:51 2023
(*6952cd93*):: lol I’m on the fence on this one. Steve should have hedged better, but it really wasn’t his fault. That said, there is a massively better way to do crypto lending- underwrite and market crypto bonds for baskets of established regional small non-crypto businesses trying to grow while underserved by traditional banking and government, not lending hundreds of millions $$ worth of deposits to psychopaths doing the same clown trades as retail crypto junkies https://www.reuters.com/technology/us-regulators-weigh-penalizing-bankrupt-crypto-lender-voyagers-ex-ceo-bloomberg-2023-10-06/ +public!
*** US regulators weigh penalizing bankrupt crypto lender Voyager’s ex-CEO, Bloomberg reports
*** Investigators at the U.S. Commodity Futures Trading Commission’s enforcement division have concluded that the co-founder of Voyager Digital broke derivatives regulations before the failed crypto lender plunged into bankruptcy last year, Bloomberg News reported on Friday.
*** Reuters
