FTX Looked Unstoppable. Then $8 Billion Went Missing.
For years, @FTX_Official was considered one of the safest and fastest-growing crypto exchanges in the world.
Then, in just a few days, everything collapsed.
Here's what every crypto investor should learn from the FTX disaster.
1️⃣ At its peak, #FTX was valued at over $32 billion.
Millions of users trusted the platform.
Major investors backed it.
Top athletes, celebrities, and global brands promoted it.
To most people, FTX looked too big to fail.
It wasn't.
2️⃣ Behind the scenes, FTX and its affiliated trading firm, Alameda Research, had an unusually close relationship.
Customer funds that users believed were safely held on the exchange were allegedly used to support Alameda's trading activities.
Most users had no idea.
3️⃣ The warning signs weren't obvious to retail.
The platform looked healthy.
Withdrawals worked.
Marketing was everywhere.
But appearances can hide serious risks.
In crypto, transparency matters more than branding.
4️⃣ The turn
