Business risk is a difficult thing to weigh but even more so is the risk related to investments, the FTX collapse could and should have been avoided
How the collapse of FTX could have been anticipated
Recently the market was shaken by the FTX / Alameda Research issue that cascaded into a heavy market crash when the overall look did not foreshadow it.
The contagion collapse over the FTX affairs was predictable if we had looked at the FTT Token and Sam Bankman-Fried (SBF) companies with the same gaze with which we look at publicly traded companies.
For publicly traded companies for example, there are strict periodic controls with lots of audited financial statements and more or less solid but always sufficient hedges, at least on paper.
Solvency, EBITDA, profit margin, are just some of the parameters to be taken into account and which do not always find a counterpart in the crypto world, but that is not the point.
Inadequate risk management in cryptocurrencies can lead to seriou
We współpracy z: https://en.cryptonomist.ch/2022/11/25/ftx-collapse-could-have-been-avoided/
