FTX Seeks Revival, But Traders Ask: Is FTX 2.0 a Trap or Worth the Risk

2023-9-12 19:00

FTX was once hailed as a titan in the digital asset arena, although the question of whether it ever surpassed Binance in market influence remains debatable. The collapse of the exchange came as a shockwave in the crypto community, largely attributed to the actions of its then-CEO Sam Bankman-Fried, commonly referred to as SBF.

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ftx shockwave came debatable market influence remains

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