Coinbase CEO Brian Armstrong Points Out U.S. Missed Opportunity Compared to SBFs Embarrassment

By Lola Coin Jun 27, 202359Views

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Before FTX collapsed, its founder routinely rubbed shoulders with lawmakers and market regulators. FTX, a cryptocurrency exchange based in Hong Kong, was once a rising star in the industry. Its founder, Sam Bankman-Fried, was known for his high-profile connections and involvement in the cryptocurrency space. However, the recent collapse of FTX has raised questions about the company’s practices and its founder’s relationships. It is unclear what exactly led to the collapse of FTX, but some speculate that regulatory pressure and internal issues may have played a role. Regardless, the downfall of FTX serves as a reminder of the volatility and uncertainty that can be associated with the cryptocurrency industry.

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