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some rube just got arrested for barrier chasing the South African rand

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  • some rube just got arrested for barrier chasing the South African rand

    basically this guy spend $725m USD buying the SA rand so a separate FX options bet he placed on the rand's value would pay out $20m USD.

    DOJ has decided to make an example of him.

    https://www.yahoo.com/now/trader-arr...110000117.html
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