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Crypto companies have a different risk profile than most finance companies.

For most finance companies, if they have a whoopsie and lose money to a software boo-boo, they'll just reverse the transaction. Times when such a transaction cannot be reversed (https://www.bloomberg.com/news/articles/2021-03-19/citigroup...) are the extremely rare exception, and are adjudicated by a civil court.

Whereas if a crypto company has their wallets breached, it's almost certainly immediately irreversible.



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