Imagine you're a regulator looking at the wide world of crypto.
You see overt frauds pulling rugs; 2017 vaporware ICOs still pushing their tokens; copy/paste DeFi projects pumping & dumping on centralized EVM forks.
You see this & think, "...Uniswap. I'll go after Uniswap." 🤨
Want to win a CryptoPunk?!
1) Retweet this tweet
2) Complete Level 2 KYC from Aug 9 - Aug 23 on FTX US (https://t.co/2XSxd3ve8q) or FTX App (formerly Blockfolio)
(https://t.co/tLpu1w216c)
You're now automatically entered for a chance to win a Punk!
Good luck Player One 🚀
9) And so, after lots of back and forth, we're going to be the ones to take the first step here: a step in the direction the industry is headed, and has been headed for a while.
Today, we're removing high leverage from FTX. The greatest allowable will be 20x.