Daily Archives: November 25, 2022, 10:11 am

Bahamas reels from FTX collapse: ‘Crypto was going to be our way out’ | Financial Times

Sam Bankman-Fried chose a slice of prime Bahamas real estate to build the new headquarters of his fast-growing cryptocurrency exchange FTX, posing with a shovel alongside the Caribbean country’s prime minister in a shared embrace of the huge potential for digital assets. Just seven months later, FTX’s spectacular collapse has sent shockwaves through an industry that promised to revolutionise finance,…

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