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The FTX Collapse, Explained - WSJ What Went WrongThe swift demise of cryptocurrency exchange FTX in has had damaging domino effects on the cryptocurrency industry, stoking widespread mistrust among. Once one of the world's largest cryptocurrency exchange funds, now a bankrupt company. Here's a look at FTX's rise and fall. Key takeaways. FTX, a crypto exchange, went from being worth $32 billion to filing for bankruptcy in what many are calling the �Lehman.
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