8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand

sgbuffett

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13-11-2022, 10:40 AM

No need until 5 facts FTX can be summarised into 1 sentence....they stole client money and deposits to fund losses in Alemeda Research.

The rest of the drama are just details of how they do this ....and Binance is just a side show even if Binance did nothing FTX would have collapsed because it is insolvent.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

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8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand - by Bigiron - 13-11-2022, 07:34 AM

RE: 8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand - by Napoleon Porlumpar - 13-11-2022, 09:45 AM

RE: 8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand - by teaserteam - 13-11-2022, 09:56 AM

RE: 8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand - by Sentinel - 13-11-2022, 10:11 AM

RE: 8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand - by Sentinel - 13-11-2022, 10:20 AM

RE: 8 Facts About FTX Collapse Simplified Until Even a 5YO Would Understand - by sgbuffett - 13-11-2022, 10:40 AM

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