The Critical Material Podcast
Welcome to the critical material podcast. We cover topics that are hard to examine, but important to explore. This show will mainly focus on current affairs, international relations, finance and productivity. It’s all about looking at things from multiple angles and perspectives. And hopefully, things that make for a fun and interesting conversation.
The Critical Material Podcast
Episode 6: The fall of FTX
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Thomas Athikalam
FTX Exchange was a leading centralised cryptocurrency exchange specialising in derivatives and leveraged products.FTX filed for Chapter 11 bankruptcy protection on November 11, 2022. FTX's collapse shook the volatile crypto market, which lost billions in value, dropping below $1 trillion.