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The FTX Collapse, Explained - WSJ What Went Wrong
Once touted as the future of money, a challenge to the world's central banks, not to mention a clever investment, crypto now carries the odor of. By September , cryptocurrencies collapsed 80% from their peak in January , making the cryptocurrency crash worse than the dot-com bubble's 78%. The downturn has fueled debate about whether crypto is the future of investing, or whether it preys on the vulnerable.

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