FTX and Alameda Researchs 8 Billion Loss Collapse

FTX, a big company that helps people trade things called cryptocurrencies, and its friend, Alameda Research, got into big trouble in November 2022. They had some problems with money and en

ded up going bankrupt. This caused a loss of around $8 billion for the people who used FTX to trade. Now, FTX and Alameda Research don’t work anymore, and many people lost a lot of money.

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