FTX's Downfall is similar to Mt Gox bearish event.

Heena Kousar

New member
The bankruptcy filing by the crypto exchange FTX has created a black hole in the crypto space as the market has lost billions of dollars because of the FTX crash. Coinpedia, a cryptocurrency news outlet, in its recent article states that FTX's downfall is similar to previous bearish events such as Mt Gox in 2014. The platform also claims that this may raise concerns about centralization and centralized exchange. What are your thoughts on this? Do you believe the same?
 
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