2min chapter

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The Chopping Block: Are VCs Bad for Crypto? - Ep. 481

Unchained

CHAPTER

The Demise of FTX

FTX is now in bankruptcy, but was once one of the most popular crypto exchanges. The company had cross-marchinging built into its app on day one and has been very aggressive to list new products. A report detailing poor accounting practices at FTX found $600 million in a private key that was randomly labeled by someone's computer.

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