FTX meltdown recap + All the Web3 news you missed this week
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This week’s biggest ongoing story is the meltdown of FTX, the crypto exchange led by Sam Bankman-Fried. Here’s an overview of what went down. On November 2, CoinDesk reported that Alameda Research, a trading firm founded by SBF, had assets totaling $14.6 billion as of June 30 — roughly $5.8 billion of which were tied to FTT, a token issued by FTX. “While there is nothing
FTX meltdown recap + All the Web3 news you missed this week
FTX meltdown recap + All the Web3 news you…
FTX meltdown recap + All the Web3 news you missed this week
This week’s biggest ongoing story is the meltdown of FTX, the crypto exchange led by Sam Bankman-Fried. Here’s an overview of what went down. On November 2, CoinDesk reported that Alameda Research, a trading firm founded by SBF, had assets totaling $14.6 billion as of June 30 — roughly $5.8 billion of which were tied to FTT, a token issued by FTX. “While there is nothing