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Aug 6th, 2022
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How to join date in FTX faster

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How to Join date in FTX

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in this video I know that youve probably watched millions of other videos and read tons of other articles on what happened with FTX so I want to focus specifically on a short summary of what happened how we can prevent this from happening in the future and what you can do to move forward first off what happened with FTX in as few sentences as possible heres what happened with FTX FTX us and FTX com are both crypto exchanges and for this video we should think of them as one company even though they technically werent because they essentially were when one went bankrupt the other one did as well Alameda research is another company which was not a crypto exchange but instead a trading firm that supposedly made money by making profitable trades both of these companies were owned by a man named Sam bankman freed so FTX the crypto exchange it should have operated like this you give them money and they give you crypto lets call this a crypto ATM however this is how it really operated mai

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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.
FTX filed for bankruptcy on Nov. 11, 2022, after a surge of customer withdrawals earlier in the month. Then-CEO Bankman-Fried admitted that the company didnt have sufficient assets in reserve to meet customer demand.
FTX.US vs. 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.
Collapsed cryptocurrency exchange FTX says that around $415m (338m) of crypto has been stolen by hackers. About $323m was from its international exchange and $90m from its US platform since the firm filed for bankruptcy, FTXs CEO says.
Since 2019, FTX has been a legit crypto exchange platform. It is used by millions of users around the world. It is regulated by the Hong Kong financial authority.
FTX was a centralized cryptocurrency exchange specializing in derivatives and leveraged products that filed for bankruptcy protection in the U.S. in November 2022. FTXs founder and former CEO was arrested in the Bahamas, extradited to the U.S. and released on a $250 bond in late December.
Since 2019, FTX has been a legit crypto exchange platform. It is used by millions of users around the world. It is regulated by the Hong Kong financial authority.
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.
Is using FTX illegal? ing to US securities law, mixing customer funds with counterparties and trading them without explicit consent is illegal.
FTX s price today is US$2.12, with a 24-hour trading volume of $49.93 M. FTT is +60.25% in the last 24 hours. It is currently -23.92% from its 7-day all-time high of $2.79, and 124.40% from its 7-day all-time low of $0.9448. FTT has a circulating supply of 328.9 M FTT and a max supply of 352.17 M FTT.

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