Clean questionaire in FTX

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How to Clean questionaire in FTX

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[Music] hi welcome to another episode of Cold Fusion what do you think is the probability of a multi-billionaire losing his entire fortune in a single weekend most people would likely say that its close to Impossible and yet this is exactly what happened to 30 year old Sam bankman freed the CEO of FTX the second largest crypto Exchange in the world he was the Golden Boy on the cover of Fortune and Forbes Magazine he had a net worth of 26 billion dollars watched the Super Bowl with NBA star Steph Curry had dinner with SIA Jeff Bezos and Leonardo DiCaprio big names like BlackRock and SoftBank invested in his vision but behind the facade was something completely different Sams Empire was actually a bunch of 10 romantically involved crypto kids running a shady operation out of the Bahamas the fall of FTX triggered the collapse of more than 100 Affiliated companies and wiped out countless savings this story has strange but very real tires to American politics the war in Ukraine and Enron

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Can FTX be trusted?

FTX.US has high security standards, with plenty of features to keep its customers accounts and assets safe. Here are some of the most notable protections FTX.US offers: It requires setting up two-factor authentication (2FA).

What causes FTX to fail?

What happened to FTX? FTX and FTX.US crashed due to a lack of liquidity and mismanagement of funds, followed by a large volume of withdrawals from rattled investors. The value of FTT plummeted, taking other coins down with it including Ethereum and Bitcoin, which docHubed a two-year low as of Nov. 9.

How trustworthy is FTX?

Is FTX Exchange Legit? Since 2019, FTX has been a legit crypto exchange platform. It is used by millions of users around the world.

Did people lose money with FTX?

The collapse of the crypto exchange FTX seemed to materialize out of nowhere: Within one week in November, FTX transformed from one of the most respected and trusted parts of the crypto industry to a bankrupt disgrace that lost more than $8 billion of its customers money, ing to authorities.

Is FTX beginner friendly?

Not beginner friendly FTX.US is better for intermediate and advanced traders. Its not difficult to use, but there is a learning curve to it for those who are new to investing in cryptocurrency.

Is FTX more secure than Coinbase?

Coinbase: Security. Both FTX.US and Coinbase prioritize security and have excellent track records to date. Of the two, Coinbase has been around much longer, but theyre both safe places to buy and sell cryptocurrency.

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Clean questionaire in FTX smoothly