What The FTX Collapse Means For Your Investments

The collapse of FTX is worse than most people think and has caused a contagion effect. FTX owes more than $3 billion to their top 50 creditors, which includes $200 million to crypto lending giant, Genesis Global. The collapse of FTX has also led to a pause in withdrawals for platforms such as Gemini Earn, BlockFi, Liquid Global, and Salt Lending.

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