In the wake of the collapse of FTX, here are some misconceptions
The FTX Exchange (“FTX”) was a centralized cryptocurrency exchange with derivatives and leveraged products. FTX was founded in 2018 by Sam Bankman-Fried, an MIT graduate and former Jane Street Capital international exchange-traded funds trader. Due to its collapse, many misconceptions have arisen, so the Monetary Authority of Singapore (“MAS”) released a statement on November 21 […]