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RE: Leofinance's daylight robbery [a call to action]

in LeoFinance2 months ago

What a shit show!

I bought BTC for $5k, do you think if I try to sell it for $60k today, the exchange is going to say, no no no, you only bought that for $5k so we'll give you $5k for your BTC and because it's in our terms and we're the only shop in town, you'll get fucked or you can hold your bag.

What does it matter what @jocieprosza paid for it? The person who sold it took the loss and that $171 profit does not just disappear. If LeoFinance is paying 272 HBD for 443 HBD, then that $171 is going into LeoFinance's pocket. They can dress however they like with terms and conditions are whatever but people see things as black and white. This is pretty disgusting if it's true and I feel like I need to shower after reading the post and comments.

If they had a working bridge, none of this would have been an issue and the price of bHBD would never have dropped to 50 cents in the first place.

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hi before you comment I would urge you to learn the facts.

Nobody is earning this $171 profit. Read the other comments in this comment section.

We’re honoring $1 in and $1 out. The leg was depegged and we are preventing users from losing $$

How do we do this? By honoring $1 for $1. Not the current de-pegged price.

It’s impossible for us to profit $171 here. I’m not sure where you’re able to back into that math.

Please read the comments above before making baseless accusations without any proof