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Chaos exposes nasty $19 trillion problem

The US government’s reaction to the collapse of Silicon Valley Bank (SVB) could spark a dramatic crisis. Finance analysts are warning that while the intervention may have prevented an immediate problem, it could wreak havoc in the future.…

Disgraced crypto king’s cringe-worthy videos

Disgraced crypto exchange founder Sam Bankman-Fried was lauded as “the most generous billionaire” in a cringeworthy resurfaced video earlier this year.As the fallout from the collapse of Mr Bankman-Fried’s companies FTX and Alameda Research…

How $32 billion crypto disaster unfolded

Crypto exchange FTX allegedly lent billions of dollars in customers’ money to a sister company to fund risky bets prior to its implosion.FTX, which had been rumoured to be having liquidity issues, went into meltdown this week after being…