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How the FTX Meltdown Happened—explained by Castle Island's Matt Walsh

Bankless

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Financial Turmoil: Alameda and FTX Unraveled

This chapter examines Alameda's financial struggles and its impact on FTX amid critical market shifts, including the COVID crash and the collapse of Luna. It also discusses the ethical dilemmas faced by BlockFi's management and the broader implications of mismanagement in the crypto industry, leading to FTX's eventual downfall.

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