Former FTX US president Brett Harrison criticized crypto exchanges offering up to 1,000x leverage, calling it “irresponsible” and harmful to traders. His new platform, Architect, limits leverage to 25x on traditional assets.

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One thing I know is some still make money from the 1000x and it is just an option to use. Despite being harmful, I don't think I want it to be erased off

Top comment by @Maven

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Former FTX US president Brett Harrison criticized crypto exchanges offering up to 1,000x leverage, calling it “irresponsible” and harmful to traders. His new platform, Architect, limits leverage to 25x on traditional assets.

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FTX to distribute roughly $900 million to creditors in fifth payout on July 31

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More on FTX

FTX and Alameda-linked wallets sent up to $75 million in ether to Wintermute, onchain data shows

Caroline Ellison joins Manifund under pseudonym "Carol" after FTX prison term

Sam Bankman-Fried asks U.S. Supreme Court to overturn FTX fraud conviction and $11B forfeiture, arguing he was barred from showing customers were repaid

CFTC closes civil cases against FTX insiders Ellison and Wang with trading bans.

FTX creditors receive payouts as bankrupt exchange starts fifth $900 million distribution round

FTX to distribute roughly $900 million to creditors in fifth payout on July 31

FTX and Alameda-linked wallets sent up to $75 million in ether to Wintermute, onchain data shows

Caroline Ellison joins Manifund under pseudonym "Carol" after FTX prison term

Sam Bankman-Fried asks U.S. Supreme Court to overturn FTX fraud conviction and $11B forfeiture, arguing he was barred from showing customers were repaid

CFTC closes civil cases against FTX insiders Ellison and Wang with trading bans.

FTX creditors receive payouts as bankrupt exchange starts fifth $900 million distribution round

FTX to distribute roughly $900 million to creditors in fifth payout on July 31

Former FTX US president Brett Harrison criticized crypto exchanges offering up to 1,000x leverage, calling it “irresponsible” and harmful to traders. His new platform, Architect, limits leverage to 25x on traditional assets.

More coverage

Explore the topic

More on FTX

FTX and Alameda-linked wallets sent up to $75 million in ether to Wintermute, onchain data shows

Caroline Ellison joins Manifund under pseudonym "Carol" after FTX prison term

Sam Bankman-Fried asks U.S. Supreme Court to overturn FTX fraud conviction and $11B forfeiture, arguing he was barred from showing customers were repaid

CFTC closes civil cases against FTX insiders Ellison and Wang with trading bans.

FTX creditors receive payouts as bankrupt exchange starts fifth $900 million distribution round

FTX to distribute roughly $900 million to creditors in fifth payout on July 31

FTX and Alameda-linked wallets sent up to $75 million in ether to Wintermute, onchain data shows

Caroline Ellison joins Manifund under pseudonym "Carol" after FTX prison term

Sam Bankman-Fried asks U.S. Supreme Court to overturn FTX fraud conviction and $11B forfeiture, arguing he was barred from showing customers were repaid

CFTC closes civil cases against FTX insiders Ellison and Wang with trading bans.

FTX creditors receive payouts as bankrupt exchange starts fifth $900 million distribution round

FTX to distribute roughly $900 million to creditors in fifth payout on July 31

Comments

Total stats

How to Earn

More on FTX

FTX and Alameda-linked wallets sent up to $75 million in ether to Wintermute, onchain data shows

Caroline Ellison joins Manifund under pseudonym "Carol" after FTX prison term

Sam Bankman-Fried asks U.S. Supreme Court to overturn FTX fraud conviction and $11B forfeiture, arguing he was barred from showing customers were repaid

CFTC closes civil cases against FTX insiders Ellison and Wang with trading bans.

FTX creditors receive payouts as bankrupt exchange starts fifth $900 million distribution round

FTX to distribute roughly $900 million to creditors in fifth payout on July 31

FTX and Alameda-linked wallets sent up to $75 million in ether to Wintermute, onchain data shows

Caroline Ellison joins Manifund under pseudonym "Carol" after FTX prison term

Sam Bankman-Fried asks U.S. Supreme Court to overturn FTX fraud conviction and $11B forfeiture, arguing he was barred from showing customers were repaid

CFTC closes civil cases against FTX insiders Ellison and Wang with trading bans.

FTX creditors receive payouts as bankrupt exchange starts fifth $900 million distribution round

FTX to distribute roughly $900 million to creditors in fifth payout on July 31