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FTX Collapse Explained | The Story Of Scam Bankrun Fraud

https://jamesbachini.com/ftx-collapse/ In November 2022 the worlds second largest cryptocurrency exchange stopped withdrawals and filed for bankruptcy. The stories of the last week are so far fetched they deserve a Netflix documentary but until that comes out you'll have to do with this Get "The Blockchain Sector" newsletter https://bachini.substack.com 00:00 FTX Collapse 00:44 Binance vs FTX 02:11 Alameda Research 04:04 SBF Sam Bankman Fried 05:29 FTX Fiasco 07:46 Hack or Inside Job For more content about crypto markets, blockchain development and DeFi visit my blog at https://jamesbachini.com/ Most of the code I write and talk about is open-sourced at: https://github.com/jamesbachini Subscribe to the channel for updates ✅ The content I create is to document my journey and for entertainment purposes. It is not under any circumstances investment advice. I am not an investment or trading professional and am learning myself while still making plenty of mistakes along the way. Any code published is experimental and not production ready to be used for financial transactions. DYOR and do not play with funds you do not want to lose. Did I mention please hit the like button for the YouTube algorithm. Thanks for watching!