FTX Collapse - What Actually Happened? Impact on Crypto Space and Defi

#ftx #ftxexchange #crypto #defi #bitcoin
FTX, one of the top crypto centralized exchanges collapsed last week and it sent ripples across the entire crypto markets causing panic, uncertainty and chaos on a scale we have never witnessed before.

Sam Bankman-fried or SBF owned FTX, Alameda Research and FTX exchanges collapsed due to lack of organization, structure and potential fraud by SBF himself.
A once multi billion dollar exchange has now under a million dollar left in all its assets portfolio.

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Disclaimer:
Nothing mentioned in this video is financial or tax advice and should not be taken as such. It's all for educational and information purposes only!
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Keywords;
Sam Bankman-Fried, SBF, FTX, FTT, FTX EXCHANGE, FTX US, FTX International, Alameda, Alameda Research.