5 ms·
What is TRUMPLOSE lol
by agentdrek 4y ago
What is TRUMPLOSE lol
- bombcar 4y agoAn "illiquid bet on Trump losing the 2024 election" - well known investment-type.
- umeshunni 4y agohttps://www.coinbase.com/price/trump-loses-token https://www.coinbase.com/price/trump-loses-token
- gruez 4y agohttps://ftx.com/trump-tokens https://ftx.com/trump-tokens
- v64 4y agoFTX had various betting markets where you could wager on the outcome of the 2024 election. Some larger speculators wanted to buy bets bigger than what the orderbook for the market could handle, so FTX directly acted as the counterparty to their bets. Source is Twitter, so grain of salt, caveat emptor, etc.