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- IWCD140: Crypto pretenders will go bust
Morning wayfinder!
So if you've been following my Instagram or Twitter posts, I've been live updating on the FTX saga.
If you're not familiar with FTX, they were one of the largest exchanges in crypto.
As of this morning, they've officially filed for bankruptcy across their international and US businesses, as well as their research arm, Alameda.
BREAKING: FTX files for Chapter 11 Bankruptcy.
— Watcher.Guru (@WatcherGuru)
2:16 PM • Nov 11, 2022
As things have been revealed, it's highlighted how corrupt and insidious things really were:
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