2min chapter

Odd Lots cover image

Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Odd Lots

CHAPTER

Are You Going to Change the Way You Think About Counterpart Risk?

We're basically playing it very safe. We have this drawing from a lot of like what we call TS3 exchanges at the moment. But yeah, my unfortunate understanding of the situation is there might be more exchanges failing like big and small. I think for individual users, I would generally advise to try self custody if you can or withdraw to like very, very high quality exchanges if you cannot.

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