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

 Tue 12:07 pm +00:00, 15 Nov 2022  
posted by danceaway

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.

 

https://www.youtube.com/watch?v=zTFhnpf-IE0

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