The Crypto Fire Show

EP 141 Eugene: The Billion-Dollar Trap 90% People Don't Know After The FTX Collapse


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Description: The FTX collapse wasn’t just a crypto crash. It was a fast-moving chain reaction where power shifted from traders to lawyers almost overnight, wiping out future upside in ways most people still don’t understand.

We’ll talk about:

  • How the FTX collapse unfolded in just ten days and why confidence mattered more than balance sheets
  • The controversial role of bankruptcy and whether users were locked into losses too early
  • The USD snapshot rule and how it quietly erased crypto recovery potential
  • What this case teaches you about risk liquidity and who really wins when exchanges fail

Keywords: FTX Collapse, Sam Bankman-Fried, FTX bankruptcy, crypto exchange failure, Binance, John J Ray III, Solana, Bitcoin, crypto regulation, bankruptcy law

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The Crypto Fire ShowBy TheCryptoFire.com