SHARE THIS VIDEO:
#FTX #crypto #jigganews
ormer CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion.
Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. JTV explains the factors that drove FTX’s growth and what led to its downfall. Illustration: David Lilly
Some days the high-speed news cycle can bring more questions than answers. Jigga news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.