RE: That One Time Gary Gensler Did His Job
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Back when MF Global went to bankruptcy
they were planning on giving only part of the gold people were paying to be stored in the vault back.
Gold that was in no way MF Global's. It was just being stored in their vault.
And the bankruptcy people were talking about them only getting back part of it.
Yeah, the regulatory agency did a really good job there.
Segregated accounts meant nothing.
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Your sentiment seems to mimic Coinbase's as well.