F T Xas and the Derivatives Business

F t xas worked like 25, 30 bill noll and they built it on salana. A lot of concern around f t x is that alameda was kind of benefiting from the fact that he owned this exchange and he had this big investing fund. The main concern for s b f is customer acquisition. He wants retail. So that's why getting into sports is like this derivetous business which is a lot of betting.

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