[jefftk]

The Reddit link is analysis of public information, but the gist of that comment thread seems to be "Alameda is buying, I'm going to buy too" and not "evidence of improper FTX/Alameda separation".

With the customer distribution, how much of this is downstream from the crypto industry avoiding high-regulation countries? The biggest two are the Caymans (22%) and the Virgin Islands (11%) -- how many of those people are really Americans?

[EscapeFromNY]

1. You're right, that link isn't relevant on second look. I do remember a specific thread but I could be misremembering and my google skills are failing me (or maybe the subreddit has gone private?) I'll concede the point.

2. They could be, but if an American retail trader sets up an offshore company to do their trading with to avoid regulation, you're not a regular joe anymore, you should know what you're getting yourself into and I don't have a lot of sympathy.