FTX β $32 Billion to Zero in 10 Days β #8 in Top 10 Most Epic Business Failures | Top10Grid
#8
FTX β $32 Billion to Zero in 10 Days
Sam Bankman-Fried's crypto exchange collapsed in November 2022 after a CoinDesk report revealed Alameda Research's balance sheet was built on FTT tokens, exposing $8 billion in misappropriated customer funds and ending in a fraud conviction.
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