The FTX Collapse, Explained | What Went Wrong | WSJ



Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion. Cryptocurrency exchange FTX was …


38 Comments

  1. Sincerely, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. Since I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.

  2. The cryptocurrency market is expected to have a significant year in 2023, with predictions of a bull run on the horizon. Analysts have cited various factors that may contribute to the growth of the leading cryptocurrency, including the global macroeconomic environment, stock prices, inflation, Federal Reserve data, and a possible recession. Increased inflation and a declining trust in traditional financial systems may also play a role. To stay informed and potentially benefit from market movements, and signals provided by experts such as Debra Haycraft.

  3. If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to build generational wealth, and cultivate financial knowledge, you must be in the market.

  4. The rich and Wall Street: easiest people in the world to swindle. They think they have stumbled upon a good thing,
    and nothing in the world can stop them from throwing money at it.

  5. Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

  6. I have a very important question. I invested in Bitcoin ethereum and a little bit of dogecoin on that platform and I can't seem to log in. I assume they went bankrupt. My dad told me that, if they go bankrupt, I won't be able to retrieve or find my assets. What happened and is that correct? What can I do, if anyting? So confused. 22 years old and had around 1000

  7. Nothing went wrong it was a Ponzi scheme and it worked just as it was designed. Crypto is a Ponzi scheme. He defined his company and his definition was a Ponzi scheme. When some young weird dude/lady says they have the secrets remember they are young and could not possibly have the secrets. Plus there are no secrets in business or life. Just tried and true standard practices that everyone has forgotten about.

  8. This only serves to emphasize the need for investors to have a competitive advantage, in my opinion, as simply playing the market like everyone else is insufficient. How do you feel? Although I've been a little cautious to start investing in the current market, I also believe that now is the ideal time.

  9. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  10. I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a Fin-Advisor) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.

  11. I totally agree with what you are saying …. <The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion and think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 10.6 BTC in just three weeks, with the trading strategy given to me by expert trader Jacob Kucia

  12. Quick recovering to unprofessionals we only lead to lost of more money I’ve been a victim myself,gave up on recovery till I was referred to Cracknotch on the net who helped me recover my $108k to those scammers go message him for help this is the list I can do to appreciate him contact cracknotch

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