I need to learn a bit mroe about this "naked" business.
figure it means "shorts with no collateral to back them" whether that collateral is held by the shortseller or whether it that collateral theoretically exists in the market.
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I think rehypothecation is what will sink them, multiple owners of the same items demanding delivery is the point we must reach to see them fail.
3rd party asset allocation is risky.
Not your keys, not your coins.