So, there’s two possibilities: 1. Every exchange suddenly loses banking like Bitfinex and Tether. 2. Bitfinex and Tether are completely full of shit. Bitfinex and Tether know that they are operating illegally. They are 80%+ of the market, a criminal operation.
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TBH that's true. Every American company that is 100% legal still cannot maintain banking longer than 2 years. There are three main factors behind it.
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Gemini has never lost their bank
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Not too familiar with East coast companies, but didn't they change to Silvergate recently?
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That's Coinbase.
End of conversation
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