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Sam Bankman-Fried Fraud and FTX collapse | EP 7
Good Game
FTX - The Market Makers Get Hit the Most
The funds that probably got hit the hardest are those who did short-term trading because they had to have funds on exchanges. The long-term funds can just custody their assets within a separate non-exchange custodian. And in fact, traders that are like high-speed frequency traders or like professional traders, they primarily use FTX.
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