Submitted by cloud_coder t3_zz4xmk in news
ggtsu_00 t1_j2bmb49 wrote
Reply to comment by USFederalReserve in Bahamian regulator says it seized $3.5 billion of FTX crypto assets for ‘safekeeping’ by cloud_coder
Same scheme is used to avoid paying massive income taxes while still having near unlimited cash on hand. Loans aren't considered income, even if you never pay them off.
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