I just wrote this on another chat / forum:
Quote:
I’m wondering - with all of these crypto “banks” suspending normal operations, have they somewhat frozen the market? I.e. I know there are a lot of people who have “assets” frozen by Celsius that would love to just sell and get out of the market. But freezing all of these withdrawals - it would seem to have a perverse effect on the market, making it somewhat protected from protracted panic selling?
I read the other day that the best thing a ponzi scammer can do is simply suspend withdrawals indefinitely - I’m sure Madoff would have loved to have this arrow in his quiver!
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