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Tuesday, June 28, 2022

FTX Cuts Leverage Limit to 20x From 100x as Criticism of Margin Trading in Crypto Grows – CoinDesk

In a move perhaps designed to help dodge the worst of a coming regulatory storm, the head of a large cryptocurrency derivatives exchange said Sunday he’s limiting the amount of margin-trading debt traders can wager from 100 times leverage to 20 times.

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