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The effects of FTX’s collapse on the cryptocurrency industry

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After reaching a peak market value of $3 trillion in 2021, cryptocurrencies have spent the better part of 2022 in a tailspin fueled by scandal, financial losses and a public perception crisis. This past week, crypto firm FTX’s founder Sam Bankman-Fried was indicted on a battery of fraud charges. Matthew Homer joins Geoff Bennett to discuss.

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Category
U.S. & Canada
Tags
Cryptocurrency, Bitcoin, FTX
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