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FTX Collapse

Sam Bankman-Fried's exchange collapses amid fraud allegations.

BTC Price
$16,800
Location
Bahamas
Importance
90/100

FTX filed for bankruptcy amid revelations of massive fraud. Bitcoin dropped to $15,500. The event reinforced Bitcoin's 'not your keys, not your coins' ethos and accelerated self-custody adoption.

Tags

#ftx#fraud#exchange

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