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RE: GDAX refunding lost money from flash crash
Interesting. I mean they have the money to do this I'm sure and it makes them look really good - otherwise people would avoid margin trading which probably makes them a decent amount of money or even GDAX in general. Still, it could be a bad precedent to set.
Yea i'm surprised to see them stepping up. Margin trading is risky and people should hopefully take this as a lesson learned to only margin what you are willing to lose.