FTX Crypto Bust Is A Tiny Glimpse Into Corruption In Our Banking

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FTX and Sam Bankman-Fried have been all over the news lately, but to the uninitiated in cryptocurrency, it can be hard to puzzle out what the real-world implications are. How does this affect the way money is handled? Are there any real-world parallels that might be more understandable with no in-depth knowledge of crypto? It turns out there are a lot of day-to-day lessons we can take from this situation, and that’s what the MTA argument breaks down here.

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