The post Why Did FTX Collapse? Ripple CTO David Schwartz Lays Out The Reasons appeared first on Coinpedia Fintech News
Cryptocurrency investors have had a rough 2022, what with Bitcoin’s terrible price drop and Luna’s tragic end. The recent crash of FTX, a prominent exchange for trading digital currencies, has unfortunately halted the cryptocurrency market’s rebound during the past six months. However, why did FTX collapse? A few issues surfaced, but nothing was made clear. …
