That's about as clear a statement as you'll get, to the effect that they don't have 1:1 collateralisation. They are a fiat company, so it doesn't matter if Bitcoin goes to zero.
That's about as clear a statement as you'll get, to the effect that they don't have 1:1 collateralisation. They are a fiat company, so it doesn't matter if Bitcoin goes to zero.
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