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FTXed

To get screwed over by a financial company that does not use segregated accounts to keep their clients' funds secured. The word originated from the collapse of the crypto exchange FTX, as they did not keep clients' funds separate from company funds, causing their clients to lose all their money when the exchange went belly up.
Be careful of investing at ABC Broker, they don't use segregated accounts, so you might get FTXed.
by I'm not Dave December 12, 2022
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