Search


	Podcast:		The Journal.
	Episode:		How Crypto Giant FTX Suddenly Imploded
	Category:		News & Politics
	Duration:		00:21:09
	Publish Date:		2022-11-10 22:34:00
	Description:		Once a leader in the world of cryptocurrency, Sam Bankman-Fried’s crypto exchange FTX is scrambling for funds. It’s now facing a shortfall of $8 billion after Binance walked away from a rescue attempt. WSJ’s Caitlin Ostroff on what this means for the crypto ecosystem. Further Reading: -Tensions Between Crypto Giants FTX, Binance Spill Into Public View -Binance’s Deal for Rival FTX Marks Power Shift Amid Crypto Turmoil -The 30-Year-Old Spending $1 Billion to Save Crypto Further Listening: -The Rise of Binance - And The Effort to Reel it In -The ‘Death Spiral’ of a Stablecoin Learn more about your ad choices. Visit megaphone.fm/adchoices
	Total Play:		0