Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Sam Bankman-Fried on the FTX failure: his “single biggest fuckup” was filing for Chapter 11 bankruptcy.
Apparently Alameda took huge losses when Luna went down, and sloppy accounting prevented Bankman-Fried from realizing how bad it was. Also, his meetings with regulators were “PR.”
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