Sep 16 2024TECHNOLOGY
The Crypto Calamity: FTX's $12. 7 Billion Payday to Creditors
FTX's downfall was marked by its poor balance sheet and liquidity crisis, which led to a $10 billion fraud committed against customer funds. The company's collapse sent shockwaves throughout the crypto industry, causing a ripple effect that left several other companies reeling. BlockFi, Voyager, Cel
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