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Comment by TuringNYC

Sounds right, but there is also point 5

5. Trader who borrowed ("cashed out") is now being margin called by lawyers who are managing the FTX bankruptcy.

6. Investigation of whether this was an insider deal to funnel away money from FTX, because no legitimate margin desk, CVA or MVA process would allow such a thing.

parent TuringNYC 4 years ago

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