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You need to understand the FTX debacle even if you have no investments in crypto

Por: MarketWatch Business November 11, 2022

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Bankman-Fried is staying on with FTX “to assist with an orderly transition,” according to a press release: FTX, based in the Bahamas, held about $16 billion in customer assets but had , a trading firm also run by Bankman-Fried and headquartered in Hong Kong, according to a Wall Street Journal report. Alameda, in turn, had lent out billions of dollars, with some secured by FTT, a cryptocurrency created by FTX, according to . The value of FTT... + full article



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