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Imploded in just ten days when an industry publication questioned ftx's inner workings, setting off a downward spiral, with investors quickly pulling out file funds. the company filing for bankruptcy and accelerating chaos in the cryptocurrency ecosystem, and unregulated market where investors tray digital currency not backed by a central bank. >> in some ways this collapse of ftx is the lehman brothers of the crypto world. >> now leaving ftx to chapter 11 saying in a court filing he's never seen quote such a complete failure of corporate controls. this from the same man who managed and run th...
Source: archive.org