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The Future of the Rally 11/11/22

Halftime Report

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The Bankruptcy of FTX and Sam Bankman Freed

The estimated liabilities stand up between 10 billion dollars to 50 billion dollars. FTX also has more than 100,000 creditors according to these documents. It was a stunning reversal for Sam Bankman Freed who had been bailing others out in the industry this year. One of those companies blocked by pausing withdrawals overnight.

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