BitcoinRT from Caitlin Long 🔑⚡️🟠 (@CaitlinLong_)
FOR POSTERITY: here's a 2019 thread calling out @BlockFi for leverage. After I pointed out a #Wyoming Supreme Ct case holding #rehypothecation is a felony in Wyoming, @BlockFi stopped serving Wyoming customers back then.
Remember: a fool & his leveraged #bitcoin are soon parted
Caitlin Long 🔑⚡️🟠 on Twitter
“Here's a link: https://t.co/bkGRalVOvH. h/t @ObiWanKenoBit for bringing this to our attention. At least they're open about disclosing it, rather than trying to hide it. I wonder how many customers understand the counterparty risk they're taking on--I didn't see disclosure on that”