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@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

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‏ @macrocephalopod

Good move by FTX, with a conservative 20x leverage your portfolio will be protected unless there is a blowout move of at least 5% in BTC, an occurrence which happens only once every two days.https://twitter.com/SBF_FTX/status/1419263712225988620 …

SBFVerified account @SBF_FTX

9) And so, after lots of back and forth, we're going to be the ones to take the first step here: a step in the direction the industry is headed, and has been headed for a while. Today, we're removing high leverage from FTX. The greatest allowable will be 20x.

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