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4min chapter
The Disrespected
Risk of Ruin
The Unforgiving Events That Followed the FTX Bankruptcy Filing
Mark O'Mara: The most likely explanation is that SPF's hedge fund treated the exchange like a piggy bank, used those funds to trade and didn't follow normal margin requirements. He says Bankman had just come off a year of finding media attention, and maybe he thought he could finesse his way through it. "The events that followed the FTX bankruptcy filing are almost unbelievable to think about"
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