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Zerodha's Nithin Kamath flags dangers in crypto F&O, explains why it may be in platform's interest if traders lose money

Crypto derivative exchanges exist in regulatory limbo. A bit like Schrdinger's catneither fully regulated nor unregulated. This ambiguity is being exploited in dangerous ways. By the way, I am not referring to the actual buying and selling of cryptocurrency, Kamath said in a tweet on Wednesday .