Many investors hold cash for long periods. Knowing that it's safe before an inve... | Hacker News

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		aaaaaaaaata on Aug 19, 2022 \| parent \| context \| favorite \| on: FDIC issues cease and desist letter to FTX US [pdf... Many investors hold cash for long periods. Knowing that it's safe before an investment is triggered is a big checkbox.

fortran77 on Aug 20, 2022 [–]

Right. But it wasn't safe because it wasn't really FDIC insured.

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