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3AC Collapse | Exclusive Interview With Kyle Davies | Crypto Town Hall

The Wolf Of All Streets

00:00

The System of Liquidation

Liquidators are not paid an incentive to act faster early or get good value. They're paid by the hour. And so, uh, yeah, they have a lot of leeway to basically drag things on as long as they want. So it is very much going to be, you just look at it, and this is not specifically them, but it is, this is the whole liquidation.

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