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how the FTX collapse ACTUALLY happened...FTX claims it has recovered $1 billion in assets�a fraction of the $8 billion or more missing. Some $ billion is owed to the company's top FTX was a cryptocurrency exchange founded in by Bankman-Fried and Gary Wang, the company's chief technology officer, after raising $bn. FTX was an international cryptocurrency platform that offered trading in both the spot market and derivative contracts of cryptocurrencies and.
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