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SuiGenerisJohn profile picture
SuiGenerisJohn
@john
This is the thing you should pay attention to:

>Level 3 is an accounting classification that means there is no observable market price for these assets. No outside party can independently verify what they are actually worth.

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Troy · 22h
It seems like, in a technical sense, any asset can be classified as Level 3. Who is the ultimate authority of "worth"?
John · 22h
How did they determine its worth 103B?
arkinox · 21h
that's insane