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Catching Up on the FTX Crypto Drama

Not Overthinking

00:00

The Cryptocurrency Industry Looks Even More Sketchy Than It Used to Be

This company FTX, they're like three to four years ago. They started around the same time as causal was earlier this year worth something like $30 billion. And then a bunch of people wanted to withdraw their money from FTX on one Sunday and it turned out they didn't have the money. The millions of people who had put their money into this thing are now probably probably not going to get their money back.

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