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by RC_ITR 1319 days ago
>may

There’s no precedent. Disclosures are always worst case scenarios

And again, will anyone please read their fucking balance sheet?

Liabilities of $105bn, $101bn which are deposit liabilities vs. $101bn of customer assets.

Even in a worst case scenario depositors get a <4% haircut.

THIS IS VERY DIFFERENT FROM WHAT FTX DID