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I presume you already know about the FTX debacle so Im not going to go over that here FTX one of the largest and highly regarded cryptocurrency exchanges has filed for bankruptcy protection and is alleged to have between 1 and 2 billion in client money unaccounted for what happened and how did it all go wrong for Sam bankman freed please indulge me for a few minutes although Im not an authority on cryptocurrency by any means I am an experienced CPA with 20 plus years of experience so I know a thing or two allow me to apply My Lens as an accountant to this whole FTX debacle and what we can learn from it and what it means for you and crypto exchanges going forward hi Im Noel lorenzana your friendly neighborhood accountant okay so what did fgx and Sam bankman freed do that was so egregious from an accounting point of view in my opinion this is a ledge since Im not privy to their financial records but this information is curated from highly regarded sources and insiders so take it und