Thursday, May 2, 2024

FTX started with $200, grew to $32bn, and collapsed in 2 weeks. Here’s how it happened

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Sam Bankman-Fried started FTX with $200 arbitrage trading and went from there to $32 billion. However, the company has filed for bankruptcy after three years of continuous growth. If you still don’t understand the FTX debacle, read this.

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