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Capital Musings · Nov 13, 2022

The collapse of FTX

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Crazy revelations followed by even crazier revelations

It doesn’t seem to be above the digital fold on The New York Times or New York Post. It was mentioned only briefly at the top of last night’s evening news. But it has set the financial and tech worlds atwitter: this week, FTX, the world’s third largest cryptocurrency exchange, filed for bankruptcy.

As news trickled out over the course of the week, each b…

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