FTX Collapse: Billionaire Mark Cuban Gives Crypto a Dream Boost
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The abrupt and rapid collapse of the FTX cryptocurrency exchange has caused a shock in the crypto space. Finally, February's downfall of a $32 billion company in a matter of days has led to the entire fledgling blockchain-powered financial services industry being under suspicion. Retail investors have fled, while institutional investors associated with FTX and its sister company Alameda Research are still determining their losses from their involvement in Sam Bankman-Fried's empire.
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