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by joyfylbanana 1186 days ago
I wonder how much CFTC employees were placing those crypto futures and options before the announcement.
1 comments

If they did by options they lost all their money due to the greeks not enough volatility, and if they bought futures unless it was 100x or the had many tens of millions they also didn’t make money. Crypto moves like this every day +-~4%. Also there’s zero option platforms for US traders and if they traded futures its coinbase or kraken which are heavily regulated. Why take the risk?
You can't trade futures on Kraken if you're an US citizen. I suspect the same is true for Coinbase.
They could have opened an account at binance for sure