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CoinTurk News 2023-09-21 13:25:52

Former Employee Reveals the Truth Behind the Incident that Caused Bitcoin’s Price to Drop 87% in 2021

Baradwaj, a former employee who started revealing the secrets of Sam Bankman-Fried’s FTX, claims that the problem behind the temporary drop of over 87% in the price of Bitcoin (BTC) in 2021 was caused by FTX subsidiary Alameda Research. The Big Mistake that Decreased Bitcoin’s Price from $65,000 to $8,000 On October 21, 2021, while other Bitcoin markets were operating normally, Bitcoin investors on the US branch of the cryptocurrency exchange Binance, Binance.US, were left in a difficult situation after the largest cryptocurrency suddenly dropped within minutes for no apparent reason. The post Former Employee Reveals the Truth Behind the Incident that Caused Bitcoin’s Price to Drop 87% in 2021 appeared first on COINTURK NEWS.

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