The FTX cryptocalypse
Today, Explained
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The Fall of FTX: Crisis in Crypto
This chapter examines the demise of the FTT token and the FTX exchange, tracing the events that led to a financial crisis triggered by a sell-off from Binance's CEO. It highlights the mismanagement and desperation of FTX's founder as the company spiraled into bankruptcy, drawing parallels to historical financial crashes. The fallout raises crucial questions about cryptocurrency regulation and accountability in the interconnected crypto landscape.
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