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by counternotions
1673 days ago
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The return on investment of this deal is easily worth it for Crypto.com -- "perception is reality"; they are paying around $35 million per year, and they probably already earned back the first few years of expenses in the form of new customer deposits, the mainstream consumers who saw the announcement of this deal on their local morning news or radio host gossip. Foris DAX MT Limited (d/b/a Crypto.com) being a Malta entity, funded with crypto, the principals can easily back out of the deal before the 20-year term... Genius. |
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