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The 2022 Crypto Debt Crisis

302 Views21 Nov 2022 08:20
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SUMMARY
  • Over the past week and a half, we witnessed the unravelling of the $32 billion empire that was FTX and the fall of its "benevolent" leader Sam Bankman-Fried, otherwise known as SBF.
  • This story of overleveraging and outright fraud has formed a part of the bigger crypto debt crisis of 2022.
  • This article will explore how this debt crisis has unfolded and how all parties were closely interlinked.
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