First published by Money Metals Exchange here:
https://www.moneymetals.com/news/2022/11/22/ftx-the-rise-and-fall-of-a-crypto-ponzi-scheme-002632
By now, you have heard about the FTX exchange bankruptcy. But you may be justifiably desensitized. Desensitized because the frequency of crypto disasters is at least yearly. This FTX crypto scandal is a next-level scandal reading like an over-the-top Hollywood film, a bizarre crypto con story ending badly.
