Mon Nov 21, 2022 8:01 am
Recently FTX a financial authority went under. It claimed bankruptcy on 11 Nov, according to the CEO the company owes 3.1 billion dollars to its creditors. CEO says that he admits to expanding the company too quickly which led to it being blown up. I think there is a lot to unpack here and yet as it is under investigation there may be many factors to the company blowing up.
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