FTX.com Alters Settlement Terms of Election Futures Contract 100% PROOF

Richard L. Clarke
4 min readNov 8, 2020

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I have had no axe to grind with FTX until now. They are supposed to be a futures platform, however, it appears that they are willing to ex-post-facto arbitrarily alter the settlement terms of their futures products. This has bad implications for them and shows a short shortsightedness that somewhat boggles the mind since issuing futures products fundamentally depends…

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