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Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won't affect most people

  • Written by D. Brian Blank, Assistant Professor of Finance, Mississippi State University
Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won't affect most peopleThe cryptocurrency exchange FTX fell from a multibillion-dollar company to bankruptcy in less than a week.NurPhoto via Getty Images

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion....

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