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- Breaking news, Crypto-Play turned out to be a big scam. In other news, the sky is blue and those clowns in Congress did it again. What a bunch of clowns. - (chuckles) Hows he keep up with the news like that? - Last week, FTX, the second largest cryptocurrency exchange in the world filed for bankruptcy. - Its FTX. Is a safe and easy way to get into crypto. - Eh, I dont think so. - 2022 was a bad year for cryptocurrency, but even in this volatile market, FTXs sudden implosion took people by surprise. Many saw FTX as the squeaky clean white knight in the crypto world, but with FTX in bankruptcy, tens of billions of dollars, AKA real money, missing and giant holes in the balance sheet, theres going to be hell to pay, which is why lawyers are the real white knights. So what did FTX do wrong? What laws might they have broken and who is going to jail? Or maybe it would be easier to talk about whos not going to jail. But hold on, folks. We have a lot of ground to cover, because there
