carnabas

What do you know about the "tokenized stocks" they were trading? they were supposed to be backed 1:1 with the underlying security but in reality FTX never purchased anything. Still waiting to hear about some kind of punishment for blatant fraud. But instead all I hear is talks of them re-opening

That's interesting because FTX was definitely not framing it as "synthetic " but rather a 1:1 wrapped tokenized stock.