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FTX Bankruptcy Explained! ( With Humour and a Straight Face)

Patrick Boyle

FTX, the cryptocurrency exchange recently valued at $32 billion dollars, has filed for bankruptcy protection in the US.

The filing in Delaware federal court on Friday included the main FTX international exchange, FTX US a US crypto marketplace,

Sam Bankman-Fried’s proprietary trading group Alameda Research and about 130 affiliated companies.

In today’s video we discuss what went wrong at FTX, and discuss the influencers who pitched FTX to their audiences.