2min chapter

Let's Appreciate cover image

Somehow, FTX is Worse than Enron

Let's Appreciate

CHAPTER

The Star Brand and the Economy

Kyla: In terms of the bankruptcy filing, it's just pretty ridiculous. The guy who liquidated Enron is now the new FTX CEO. It also seems like the balance sheet and any sort of form of accounting was just kind of imaginary. They don't even have an accounting department. And nobody knows how many employees they have.

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