What was the major financial issue faced by FTX as discussed by Sam Bankman-Fried?
Bankman-Fried Says Was 'Shocked' by What Happened to FTX

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Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A $5 billion profit
A $8 billion shortfall
A $2 billion surplus
A $10 billion investment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the relationship between FTX and BlockFi as mentioned in the video?
BlockFi invested in FTX
BlockFi and FTX merged
BlockFi is suing FTX for collateral
FTX acquired BlockFi
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company is attempting to sue Sam Bankman-Fried or an auxiliary company of FTX?
Alameda
BlackRock
Genesis
BlockFi
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected outcome for many crypto firms following the FTX collapse?
Increased investments
Widespread bankruptcies
Mergers with banks
Expansion into new markets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the timeline for closing funding rounds changed for crypto companies post-FTX collapse?
From 2 days to 8 months
From 1 year to 6 months
From 1 month to 1 week
From 6 months to 2 days
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