Erase street in FTX

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Aug 6th, 2022
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How to erase street in FTX

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the crypto industry might be going through its own version of the 2008 financial crisis right now while cryptocurrency users are guessing at how to recover their portfolios amid the ongoing bloodbath scammers are aggressively attempting to jump on the hype train of the hottest Topic in the market right now the FDX and binance drama FTX is one of the largest cryptocurrency exchanging Platforms in the world along with a much larger binance FTX was heavily promoted by many trustworthy influencers and even Tom Brady you know what Iamp;#39;m in but on the 11th of November FTX announced that it will file for bankruptcy with its CEO Sam bankman freed stepping down in the wake of a trading Scandal that has embroiled the firm in regulatory inquiries rumors even spread that the disgraced ex-ceo had fled to South America it looks like weamp;#39;ll be hearing a lot from John J Ray heamp;#39;s the new FTX CEO and he is Unwound Enron and other major corporate failures he has already become a key

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Sam Bankman Fried was billed a visionary and scion of finance. But his company and fortune crumbled when his empire was exposed as being built on a throne of deception and fraud.
FTX crashed due to mismanagement of funds, lack of liquidity and the large volume of withdrawals. Binance announced it would buy FTX to prevent a larger market crash, but quickly bailed out of the deal as more news reports of mishandled customer funds surfaced.
Crypto exchange FTX lent billions of dollars worth of customer assets to fund risky bets by its affiliated trading firm, Alameda Research, setting the stage for the exchanges implosion, a person familiar with the matter said.
A feature documentary about Sam Bankman-Fried and the stunning collapse of FTX, his cryptocurrency exchange.
Watch Billions Missing: Inside the FTX Crash Streaming Online | Hulu (Free Trial)
RUIN is a feature documentary about Sam Bankman-Fried and the stunning collapse of his cryptocurrency exchange, FTX, as narrated by Bloomberg journalists and some of the central players in the rise of digital assets.

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