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How crypto investors are picking up the pieces

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FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

A number of crypto exchanges have launched new lending programmes in recent months.

PHOTO: REUTERS

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For many who trade cryptocurrencies for a living, the events of a year ago are forever etched in memory. “The worst day of my career, and one of the worst days of my life – the day FTX froze withdrawals,” is how Mr Travis Kling, who runs Ikigai Asset Management, described it.

Sam Bankman-Fried’s exchange then filed for bankruptcy,

ushering in arguably the darkest days in crypto’s history.

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