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The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? - Ep. 418

Unchained

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Collapse of FTX: A Critical Crisis

This chapter details the turmoil surrounding FTX and Alameda Research, emphasizing their interlinked failures and the impact on the cryptocurrency market. It explores the implications of a failed liquidity raise, the dramatic consequences of Binance's actions, and the resulting crisis of confidence among investors. The discussion highlights concerns over mismanagement, potential criminal implications, and the stark contrast between FTX's public advocacy and its alleged practices.

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