Sign in to confirm you’re not a bot
This helps protect our community. Learn more

The FTX Collapse, Explained | WSJ What Went Wrong

The Wall Street Journal
6.2M subscribers
<__slot-el>
<__slot-el>
2.2M views 2 years ago #WSJ #FTX #crypto
Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion. Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra Larkin What Went Wrong explores the challenging conditions and decisions that led to a company's downturn. FTX’s Collapse: The Three Key Points on the Largest Crypto Bankruptcy Ever:    • FTX’s Collapse: The Three Key Points ...   #WSJ #FTX #crypto ...more
...more
The FTX Collapse, Explained | WSJ What Went Wrong
24KLikes
2,206,246Views
2022Nov 14
Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion. Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra Larkin What Went Wrong explores the challenging conditions and decisions that led to a company's downturn. FTX’s Collapse: The Three Key Points on the Largest Crypto Bankruptcy Ever:    • FTX’s Collapse: The Three Key Points ...   #WSJ #FTX #crypto

Follow along using the transcript.

The Wall Street Journal

6.2M subscribers