DefiSecurityGuard
In November 2022, the world's second-largest crypto exchange, FTX, plummeted from its peak to the bottom within just a few days. This was not a black swan event but a trust collapse carefully disguised behind a facade.
Once, FTX was regarded as the most "stable" platform in the market. Founder SBF was called the "Warren Buffett of the crypto world," with a dual persona of Wall Street elite and regulatory friendliness. The company was valued at $33 billion, backed by top investors like Sequoia, SoftBank, and Temasek. Sponsoring NBA arenas, gaining political endorsements, and mainstream media ba
View OriginalOnce, FTX was regarded as the most "stable" platform in the market. Founder SBF was called the "Warren Buffett of the crypto world," with a dual persona of Wall Street elite and regulatory friendliness. The company was valued at $33 billion, backed by top investors like Sequoia, SoftBank, and Temasek. Sponsoring NBA arenas, gaining political endorsements, and mainstream media ba