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RE: https://twitter.com/Slasher/status/1354803580713111553 Posted via D.Bu ...

in DBuzz4 years ago

No official reason given. They will probably claim it is to prevent apes from buying the top but they could have also done it to prevent insolvency since they are on the hook for taking delivery of all that stock & none of their customers have the money to actually execute the option

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In my non-expert opinion, they should dissolve if they cannot pay, and their assets should be use to pay the customers that bought against the naked short selling.

  • But I imagine their ToS might save them, or something shady like that.

    Posted via D.Buzz

They didn't do that in 2008 and now we're on a decentralized social media platform ( ͡° ͜ʖ ͡°)