November 24, 2022

The 2022 crypto scene has been full of headline-grabbing sagas. In just a span of seven months, major projects in the crypto space have fallen hard from grace. First, it was Terra, then shortly after Celcius, then Three Arrows Capital, then Voyager, and now the latest inductee to the crypto hall of shame, FTX. Yes, one of the biggest crypto exchanges in the world filed for bankruptcy on the 11th of November. Millions have suffered both mentally and financially shortly after the collapse of FTX. In this video, let’s disclose the chain reactions that eventually led to the fall of FTX, followed by the bankruptcy of FTX’s CEO, Sam Bankman-Fried. Links:
CoinGecko: https://www.coingecko.com/
GeckoTerminal: https://www.geckoterminal.com/
Article: https://www.coingecko.com/learn/fiat-backed-stablecoins-usdc-vs-usdt Timestamps:
00:00 Intro
00:39 Issues with Alameda Research
01:54 Public statement from CZ, Binance
02:22 Final trigger of the fall
03:15 During the fall
05:50 The ripple effect & aftermath
07:42 How to stay safe in crypto Download CoinGecko App!📱
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https://landing.coingecko.com/newsletter/ #ftx #ftt #cryptocrash #alamedaresearch #cryptocurrency #crypto #web3 #finance #blockchain #decentralized #centralized

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