Comment by Calvin02
6 hours ago
I’m not at all familiar with the crypto space.
Are you suggesting that this is not a big deal? $6B feels like a lot but sounds like in the scheme of things it isn’t as a fraction of trading volume. Is that right?
6 hours ago
I’m not at all familiar with the crypto space.
Are you suggesting that this is not a big deal? $6B feels like a lot but sounds like in the scheme of things it isn’t as a fraction of trading volume. Is that right?
Don’t think they’re suggesting it’s not a big deal.
Any company losing 10 months of revenue overnight is a BIG fucking deal. Doubly so in a speculative asset that you’re holding for others “securely”. The financial hit has only just begun for them.
That said yes the trading volume has huge.
It is a big deal, but not big enough for them to go out of business