Ahab_Ali t1_j1wer8k wrote
>North Dimension was where FTX customers were told to wire money if they wanted to trade on its exchange, according to a complaint filed Wednesday by the Securities and Exchange Commission.
>:::
>North Dimension was no Crazy Eddie of crypto. The website is rife with misspellings and bizarre product prices; for example, item listings sometimes showed “sale” prices that were hundreds of dollars above a regular price. And customers finding their way to the site may have had trouble actually buying products once they got there. Clicking on a laptop, say, would generate this pop-up: “Fee free to send a message. We collaborate with ambitious brands and people; we’d love to build something great together.”
People trusted this company with millions of dollars of their wealth? What do the poorly run exchanges look like?
Chinpokomaster05 t1_j1xo4sn wrote
Never heard of North Dimension until now. FTX's website stated to wire money to their Silvergate Bank account. North Dimension was never mentioned before, at least in my limited dealings with FTX.
Seems like North Dimension owned the Silvergate Bank accounts. Makes sense now since most people didn't know retail banks wouldn't do business with many things related to crypto.
campoanywhere t1_j1zh4ie wrote
I traded very heavy on FTX and other exchanges, and never heard of this site. Strange because nobody I know has either
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