Here’s everything that went wrong with FTX

The Verge FTX’s sudden and catastrophic collapse sent reverberations throughout the entire cryptocurrency industry. What was once the third-largest cryptocurrency exchange is now in a death spiral that has billions of dollars left in limbo.
If you’re wondering how FTX managed to get to this point, you’re in the right place. Here’s a play-by-play of everything that went wrong.
First of all, what exactly is FTX?
FTX is a cryptocurrency exchange based in the Bahamas. It was