Comment by csomar

A lot of people don't realize that when a leveraged position goes against you (especially with a regulated broker), you get liquidated once your equity runs out, but you can still owe the shortfall on top of that. And the broker can come after your assets to collect it. So your real exposure here is 380K, not 98K.

That being said, I think the parent AI is using paper money. Though who knows, this is the brave new world of AI.