Kevin Borgh
@kb
SBF told Forbes in June ‘22 that some third tier exchanges are already insolvent. We are far from bottom if the FTX fall triggers a cascade effect
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Giuliano Giacaglia
@giu
I would be surprised if there are no cascade events
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Kevin Borgh
@kb
100% agreed. Will be a nice test to see how strong willed everyone is watching their bags drop 75%
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