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FTX and the Serengeti of bankruptcy

2024-04-19 00:00:00 +0000 UTC ·25m 27s ·by NPR
FTX and the Serengeti of bankruptcy
Planet Money
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About this episode

For the last year and a half, the story of FTX has focused largely on the crimes and punishment of Sam Bankman-Fried. But in the background, the actual customers he left behind have been caught in a financial feeding frenzy over the remains of the company. On today’s show, we do a deep dive into the