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Description: The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a lightly regulated firm.

Source: MarketWatch.com

Date: Nov 13, 2022

Link: https://www.marketwatch.com/story/you-need-to-understand-the-ftx-debacle-even-if-you-have-no-investments-in-crypto-11668184909

Questions for discussion:

  • Summarize the key points made in the report about how and why the model collapsed.
  • What is the message to investors?

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