bluemango404

Were Hedge Funds and Market Makers using 'tokenized stock' created out of thin air as locates for 'real shares' to cover/short sell with?

That's the 100trillion dollar question.

"It also wasn’t referenced in the SEC or CFTC complaints." -- that's the point:D

It's the biggest story out of this ordeal. Telling people you are buying certain 'assets' and then using the money to buy other things, like gambling on derivative trades, is just a simple Ponzi Scheme. Not the first or last time it will happen.

If somehow a make believe 'crypto token' was used for locates of shares in the 'regulated' stock market.. would be the financial story of the century.

Good luck on your journey. There is already a plethora of 'information' about the topic but nothing concrete. And has been seemingly ignored during the start of his fallout...

edit: a word

"Hey, I sold 10million shares that I don't own.. can I 'purchase' your 'tokenized stock', which is allegedly 'backed up' in Switzerland by 'real shares', to fulfill my Failure to Deliver obligations? If so, that would be great!" -- some designated market maker not to be named..