The FTX Crypto Fiasco

The FTX Crypto Fiasco

“Only when the tide goes out do you find out who was swimming naked,” Warren Buffett said during the 2008 financial crisis. This time, investors are caught naked by the collapse of the FTX platform, star of the crypto universe. Posted at 9:00 a.m. Well-known institutions lost $1.9 billion in FTX capital, including Ontario Teachers, …

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