Patrick Boyle On Finance

FTX Bankruptcy Explained!

Nov 12, 2022 · 26 min · 18.8 MB
0:00-26:05

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Send us a textFTX, 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.Patrick's Books:Statistics...