Discover and read the best of Twitter Threads about #paraphrasing
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On hodlnaut: yep, bad mistake. We wanted to tell y'all tho. It's about being transparent, even it it brings FUD. Wrong move, of course; hating ourselves, of course; blame is 100% on me, my decision, of course. But I gotta say, wow, I lost my crypto you-know-what on this one 1/5
It's not like we don't know how to ask the questions. But it went like this: Any exposure to 3AC?' No way! Any involvement in Terra Luna? Who? Us? Of course no! Any lending to, etc etc No No No etc." Every step. #paraphrasing #thebiglie 2/5
They had Singapore govt imprimatur, term deposits were short, interest rate reasonable, reputation first class, blah blah blah. I mean we even shifted some other deposits to them when risk levels went up. (Refer back to me hating myself). 3/5
