3min chapter

Equity cover image

2022's best and worst dinner guest: Elon Musk

Equity

CHAPTER

FTX Could Go to Zero, Becca?

Becca: The rise of FTX and its sister company, Alameda, was a little bit more full of chicanery than we might have thought. And then Binance kind of helped to engender a run on the bank, if you will. Becca: Just earlier this year FTX was valued at what $32 billion. It has raised about $2 billion to date. If FTX is looking for its backers to bail it out, probably not going to happen here.

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