059- FTX Bankrupt Don't Trust Anyone

1 year ago
1

CEO of FTX, Sam Bankman-Fried was billed as the savior of crypto before FTX imploded. Cryptocurrency exchange FTX was hailed as a pillar of strength in a struggling industry, but over the course of five days the exchange collapsed due to a sudden liquidity crunch. Mark Yegge explains the factors that led to its catastrophic downfall.

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