I don't understand how the fed is going to seize the illiquid assets and sell them if any significant portion of it is crypto currency or holdings related to crypto currency. What are the chances the FDIC folks walk into 400gb of monkey pictures? How will they turn that into money?
I don't understand how the fed is going to seize the illiquid assets and sell them if any significant portion of it is crypto currency or holdings related to crypto currency. What are the chances the FDIC folks walk into 400gb of monkey pictures? How will they turn that into money?
Is there a precedent for the seizure of an asset crashing the market that that asset is traded within? I’d imagine there is.