FTX’s terms of service did not allow for this. The deposits were “lent” to plug a hole at a corporation owned by SBF. Vanguard is talking about sending certain monies, not your core investment, to a heavily-regulated entity which posed very low risk. That’s OK in my book if disclosed.
FTX’s terms of service did not allow for this. The deposits were “lent” to plug a hole at a corporation owned by SBF. Vanguard is talking about sending certain monies, not your core investment, to a heavily-regulated entity which posed very low risk. That’s OK in my book if disclosed.