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Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Odd Lots

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Unraveling the Collapse of FTX and Celsius

This chapter investigates the complexities surrounding the cryptocurrency market, focusing on the failures of centralized exchanges like FTX and Celsius. It examines the operational strategies, financial dealings, and the collapse of these firms while questioning the factors leading to their downfall. The discussion highlights the implications for user trust and the broader crypto ecosystem amidst growing concerns over the management of customer assets.

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