Mark Cuban
👤 PersonAppearances Over Time
Podcast Appearances
I mean, nothing's ever riskless, right?
But close enough.
Yeah.
I mean, I remember I had a bank call me.
I had a lot of money in the bank.
And fortunately, they called me and said, this bank's about to go under.
And so you better pull your money out now.
And so I was fortunate.
But-
Unfortunately, Voyager did a deal with this company called 3AC, Three Arrows Capital, and it looked good on paper, but the company basically lied about their finances.
Wow.
Yeah, because Voyager is a public company in Toronto.
I actually even own stock.
I bought stock.
Yeah, so I bought stock in the company on the Toronto Exchange, thinking, okay, but when 3AC went bankrupt,
It just had that contagion.
But, you know, in reading all the filings, basically what Voyager is saying is, you know, we have the USD is cash in the bank at their bank, right?
Right.
And so if you have that, you'll get 100% back.
The USDC in crypto, it really depends on how much they're able to collect from...