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laserbeam
on Nov 12, 2022
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FTX faces potential hack, sees mysterious outflows...
Knowing little about how ftx works... Is the article talking about customer accounts at FTX being drained? Or accounts belonging to FTX being drained?
mudrockbestgirl
on Nov 12, 2022
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FTX is a centralized entity, just like PayPal is. There is no such difference. As a centralized company, they are supposed to hold all customer funds in their own bank/wallet/whatever account(s).
sam345
on Nov 12, 2022
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iait may be centralized but there's no comparison to PayPal. PayPal does not commingle funds
anonymoushn
on Nov 12, 2022
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root
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Paypal keeps separate bank accounts for each customer?
andreareina
on Nov 12, 2022
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The claim is that PayPal keeps user funds separately from the funds that PayPal e.g. uses to pay for operating expenses.
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