How Trouble Started Surrounding Cryptocurrency, FTX

FTX, led by CEO Sam Bankman-Fried, quickly gained prominence in the cryptocurrency market through high-profile deals and marketing. However, the company collapsed due to liquidity issues and questionable financial practices, leading to a massive sell-off of its cryptocurrency, FTT. The fallout affected the entire crypto industry, causing significant financial losses and prompting calls for increased regulation and oversight to prevent similar incidents in the future.

What were some of the major partnerships that FTX secured during its rise?

What led to the decline of FTX and its eventual bankruptcy?

What lessons can be learned from the governance issues highlighted by the FTX situation?

How did the collapse of FTX impact the cryptocurrency market?

What are the implications of the FTX debacle for future government regulation in the cryptocurrency industry?