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.

FTX’s fall may turn out to be the most gripping crypto narrative of the year. PHOTO: REUTERS
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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.

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