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In a flash, FTX Trading goes from crypto boom to bust

Por: CBS News Business November 11, 2022

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Until recently, FTX Trading was the toast of the cryptocurrency world.In 2021, the company's revenue skyrocketed more than 1,000% to $1 billion as it capitalized on public interest in the potential of digital currencies to build wealth. FTX also trumpeted its brand with splashy Super Bowl ads featuring quarterback Tom Brady and comedian Larry David. Underlining its meteoric rise in the corporate world, the company bought the naming rights... + full article



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