impressive group of founders, coworkers, and partners. It's great to have support from the likes of Cowen Inc., Brevan Howard, Soros Fund Management, GSR, and others.
Despite no evidence of crimes, Puerto Rico regulators closed my bank anyway for net capital issues, rather than allow a sale to a highly qualified buyer promising to inject capital far in excess of regulatory minimums. As a result accounts are frozen and customers may lose money.
@NewYorkStateAG What asset class do you expect to get 7% returns to fulfill those pension liabilities? Exposure to these alternative asset classes (including digital assets) are growing institutionally. Look at JP Morgan new allocations 🤡
Over *four years* ago I was a research analyst at @scalarcapital.
The Terra / $LUNA deal came across our desk and I was assigned to it because I was the DeFi guy. Here's what I had to say about the project.
How did we allow it to end up like this?