FTX’s Wrecked Balance Sheet Destroys Crypto

Photo by Mariia Shalabaieva on Unsplash

Balance Sheets are in the news.

The crypto world is reeling from the implosion of FTX, the second-biggest exchange in the ecosystem. As a result, Crypto is discredited, venture capital is bruised and dented, and billions and billions of investor wealth have evaporated.

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