FTX Scandal: Money and Ukraine

In early 2022, FTX, a crypto exchange was valued at $32bn and a household name. It took fewer than eight days for Sam Bankman-Fried to go from being nicknamed the "King Of Crypto" to his company filing for bankruptcy.

Now there are speculations of not only money laundering, but the failed crypto exchange took in millions in donations for Ukraine allegedly re-routed sums back to US politicians. Conspiracy theory? That’s what we will find out in this edition of Economic Divide.


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