3min chapter

TED Tech cover image

Demystifying the wild world of crypto | Laura Shin

TED Tech

CHAPTER

How Did FTX Crash and Burn Like This?

FTX was a high-flying crypto exchange storing huge amounts of value that has subsequently crashed and burned. Sam Bankman Freed or SPF as he's known is the founder, now the former CEO of FTX. People should understand the way a trader operates is very different from the way at least a crypto exchange operator should operate," says John Sutter.

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