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rvz 2 hours ago

> It makes you wonder how much fraud occurs in tradfi but it goes undiscovered because nobody can self-custody their paper metals or paper stocks.

Better not mention the FinCEN files either. [0] Where over $100B to $2TN dollars worth of illicit transations from criminals and fraudsters were knowingly allowed by banks and even ponzi schemes were freely allowed as well [1].

[0] https://www.icij.org/investigations/fincen-files/global-bank...

[1] https://www.bbc.co.uk/news/uk-54225572