The FTX Collapse, Explained | What Went Wrong | WSJ
1 year ago
5
ftx explained
ftx collapse explained
ftx collapse
the fall of ftx explained
explained
crypto collapse
ftx crash explained
china debt trap explained
what went wrong at ftx
the collapse of ftx
collapse
Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion.
Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra Larkin
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
Loading comments...
-
LIVE
Tucker Carlson
16 minutes agoPatrick Bet-David on Trump, Iran, and What Chris Cuomo Should Do with the Rest of His Life
8,299 watching -
LIVE
Russell Brand
5 hours ago‘THE TRUTH - Why the West has Lost Its Faith’ - Stay Free #372
10,038 watching -
LIVE
Major League Fishing
7 days agoLIVE Bass Pro Tour, Heavy Hitters, Day 6
735 watching -
LIVE
The Charlie Kirk Show
1 hour agoBiden's Amnesty Attack + Mumford and Sons Populism | Sen. Scott, Searcy, Marshall | LIVE 5.23.24
8,420 watching -
LIVE
TheAlecLaceShow
1 hour ago$7 Billion Dollar Bribe | Unified Reich Hoax | Bronx Embraces Trump | Butker | The Alec Lace Show
300 watching -
1:09:24
The Dan Bongino Show
4 hours agoLive With Patrick Bet-David (Ep. 2256) - 05/23/2024
305K532 -
LIVE
vivafrei
3 hours agoJournalist Steve Baker: Attacking James O'Keefe and Defending the FBI? Viva Frei Live
3,788 watching -
59:58
Dave Portnoy
2 hours agoThe Unnamed Show With Dave Portnoy, Kirk Minihane, Ryan Whitney - Ep. 15
8.15K1 -
1:01:37
Steven Crowder
4 hours agoGeorge Floyd Celebrates Four Years Sober with Documentary | Haley Endorses Trump!
172K367 -
DVR
Benny Johnson
2 hours agoCONFIRMED: Hunter Biden EXPOSED as a CIA Asset!? Insane New Documents PROVE It, John Kerry Treason🚨
31.1K77