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2min chapter
Sam Bankman-Fried and the fall of a crypto empire
Planet Money
Is Your Company Going to Fall Apart Bad?
FTT is a cryptocurrency issued by Sam's Exchange, FTX. The majority of Alameda Research's net equity was this thing invented out of thin air. FTT? Do you know what FTT is? Not at all. Is that your company should fall apart weird? Not necessarily. But is it possible your company is going to fall apart bad? Yeah.
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