On The Brink with Castle Island cover image

OTB Live! Weekly Roundup 09/23/22 (EU's MiCA regulation finalized, XRP lawsuit, SEC dings Balina, Audience Q&A) (EP.352)

On The Brink with Castle Island

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Crypto Market Makers Can Lose a Hundred and 60 Million Dollars and Still Be Solvent and Functional

The fondranco if genny, has handled this situation about as classically as you can. It looks like it was their own proprietary capital that was basically hacked. People want to know why citadel is entering this space right now because a crypto market maker can lose a hundred and 60 million dollars and shrug it off. There's a lot of money to be made in crypto market, making completelya.

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