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by jonathan-adly
1434 days ago
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traditional hedgefund money is in a bank - a court can freeze their account, give it to their creditors, seize any new money that goes in it, etc. Crypto hedge-funds money is a cold-wallet protected by a 12 words phrase (some anyway - if they are smart). No one can really get to them. (yes - the founder can go to jail. But, funds could stay locked forever) |
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