From $10 billion to zero: How a crypto hedge fund
Post# of 123456
Quote:
“Credit is being destroyed and withdrawn, underwriting standards are being tightened, solvency is being tested, so everyone is withdrawing liquidity from crypto lenders,” said Nic Carter, a partner at Castle Island Ventures, which focuses on blockchain investments.
https://www.cnbc.com/2022/07/11/how-the-fall-...stors.html
signs of liquidity crisis beginning!
#credit
#liquidity
#market
#crypto
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Quote:
If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/