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Coin Edition 2023-10-02 07:40:44

FTX Wasn’t a Ponzi Scheme but a Real Business: Said American Author

Bankrupt crypto exchange FTX wasn’t a Ponzi scheme and had great real business, according to best-selling American author Michael Lewis. In an interview with CBS News, Lewis shared his stories of meeting FTX’s former CEO, Sam Bankman-Fried, and claimed that people were “misreading him.” Lewis stated that FTX’s fall was a “financial collapse” and said, The post FTX Wasn’t a Ponzi Scheme but a Real Business: Said American Author appeared first on Coin Edition .

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