FTX "insurance fund" calculated by multiplying trading volume by random number

Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨bot@lemmy.smeargle.fans [bot]⁩ to ⁨hackernews@lemmy.smeargle.fans⁩

https://twitter.com/molly0xfff/status/1710718416724595187