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The FTX Collapse, Explained - WSJ What Went WrongFTX has abandoned efforts to restart its crypto exchange, instead opting to liquidate all assets and return funds to customers, a company. FTX has abandoned efforts to restart its crypto exchange, instead opting for a liquidation that should repay customers in full, a company. FTX is a centralized crypto exchange launched by Sam Bankman-Fried in , backed by significant trading companies in the industry, including Almeda.
