FTX, one of the largest crypto exchanges in the world, along with its 130+ affiliated companies, have filed for Chapter 11 bankruptcy. Hundreds of thousands of users have seen their funds blocked, unable to withdraw them from the platform. Trust towards centralised exchanges has suffered considerably.
To better understand what has unfolded over the last week, it is important to paint an accurate picture of FTX and its surrounding environment before all of this happened.
Here you can read a comprehensive post-mortem report, which includes:
- The FTX ecosystem
- Timeline of events
- The aftermath
- Key takeaways
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