Nobody else looked up the definition of “rehypothecation”?

Just me.

Mmkay.

#rehypothecation #banking #contagion #riskmanagement

RT @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 https://twitter.com/CaitlinLong_/status/1103320171672940544

@cjd
Short Selling is selling something you don't actually own, its a bit like #fraud and comes under the banner of #financialisation. It's built around being destructive rather than productive.

Wasn't it illegal until the 1990s?

#shortSelling #rehypothecation #ownership #hyperFinancialisation

Acá se demuestra la importancia de que #Bitcoin sea transparente
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RT @CaitlinLong_
Per the GameStop stock drama, a pal flagged this fact: 138% of its float was sold short.

There’s the fraud, folks.

A dishonest ledger system. It allowed more shares to be sold than actually existed. #nakedshorting #rehypothecation

H/t @JonathanMohan

https://www.cnbc.com/2021/01/22/gamestop-soars-nearly-70percent-trading-briefly-halted-amid-epi…
https://twitter.com/CaitlinLong_/status/1354316109801951233