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Rabbit Hole Recap #226: FTX BLOWS UP - Takes House of Cards with it

Rabbit Hole Recap

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FTX Bailed Out Alameda

FTX bailed out Alameda by just giving them a bunch of these FTT tokens. The price of FTT had not suffered from the Terreluta blow up at that point. And so, FTX stepped in to be the savior of the space and bail out a lot of these companies. They were essentially white knuckling it trying to hope that they would get through.

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