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Crypto Currency: The FTX incident
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The problem was that the founder, SBF, founded FTX (exchange...

The problem was that the founder, SBF, founded FTX (exchange) and then issued FTT coins to speculate on high prices. However, I had already purchased FTT with my other company, Alameda, at a low price when the coins were issued. The time is right, and FTT bought back at a low price is thrown back to FTX by left and right hands to be spent as collateral (in exchange for funds deposited by FTX exchange customers). Because Alameda's balance sheet was published, the empty glove White Wolf was indirectly leaked, and now it has been discovered. So FTT plummeted (because there was not enough circulation, the market value exceeded the circulation value). FTX was originally the third largest exchange in the world. Unfortunately, the founder had a bad heart. Investments do not depend on how good the project is but investing in people (products) first.
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