https://www.ft.com/content/6e912f25-f1b7-4b19-b370-007fbc867246
This close-up look at the breakup of FTX shows so many red flags that we have to ask how Sam Bankman-Fried was able to hoodwink the investment world for so long, especially since many of the red flags were also present in the Madoff Ponzi scheme. It does seem like investors have to re-learn the lessons of previous fiascos every generation.
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