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Why Crypto Funds Shut Down | Weekly Roundup

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Coinflex

I've known mark for years, since maybe 20 17 or 20 18. I will just say, i'm like, i don't love the forty seven million in debt. You issue a token with 20 % yield to like, to to backvill the fortySeven million,. It feels like you gave a forty seven million dollar uncollateralized loan to someone who can't pay a back to fund. So then they don't give it back and customers can't withdraw so to fund other customers withdrawals, they turn the debt into a token - which is very degent for company to do in ar fa bear market. And but again, sort of like this is a big assumption that coinf

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