Crypto collapse hits black Americans hard
FT News Briefing
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Financial Implications of Musk's Negotiations and the Crypto Market Collapse
This chapter delves into Elon Musk's financial negotiations concerning a hefty termination fee with Twitter, emphasizing performance clauses that may influence his acquisition plans. It also addresses the broader implications of cryptocurrency's value drop, particularly its detrimental effects on black Americans who have experienced substantial losses.
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Transcript
