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FTX’s fall – Is this crypto’s Lehman moment?
It’s a stunning, sudden fall from grace for one of the crypto world’s biggest celebrities. And the industry may be in for even tougher times.
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FTX’s fall may turn out to be the most gripping crypto narrative of the year.
PHOTO: REUTERS
Kevin Roose
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The crypto industry is known for dramatic twists, roller-coaster prices and fortunes that appear and disappear overnight.
But even by crypto standards, what happened this week was bonkers.
