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Another One Bites the Dust last week Bitcoin prices took a hit tumbling down to a fresh 52-week low a 15 500 and change now youd be forgiven for not thinking much of this blip after all Bitcoin prices have already been in free fall for the past several months having shed over 70 percent of its value since this time last year this time bitcoins price drop had nothing to do with macroeconomic forces like geopolitical issues or Rising inflation instead what happened was strikingly similar to an event that happened earlier this Summer that shaved ten thousand dollars off of Bitcoin prices FTX gets fxed crypto exchange FTX founded in 2019 by MIT graduate Sam bankman freed was formerly the third largest crypto exchange by volume in the world alongside respectable peers like binance and coinbase FTX was held up as a prime example of the glowing few future of crypto with bank been Freed at the helm who is lauded as a crypto genius FTX led the push to bring crypto to the masses a company spe