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Did the FTX Bankruptcy Kill the Crypto Star?

Brian DeChesare

But as crypto prices began crashing in 2022, FTX claimed it was still doing well , even as other platforms failed (see: Celsius and Voyager and the fall of the Terra network ). The FTT token was FTX’s creation , most of which belonged to FTX and its hedge fund Alameda Research. billion of illiquid crypto tokens, $3.2