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An Explanation Of What Happened With FTX
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@taskmaster4450
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1 min read
Many are aware of FTX. Evidently there are some who arent quite sure what took place.
In this video I discuss how the exchange was taking customer funds and leveraging them up on trades. When it came time to redeem as people wanted their money, there was a liquidity crisis.
▶️ 3Speak
