The Spectacular Collapse that Keeps on Teaching: More Lessons From the FTX Failure by@alansimon

The Spectacular Collapse that Keeps on Teaching: More Lessons From the FTX Failure

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FTX, then a leading crypto exchange, was a shock to the entire market. The story behind its downfall can teach us important lessons about the risks of investing in crypto assets. FTX was not actually decentralized, and its fall shows that centralized systems have a single point of failure.
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