Lessons from the Collapse of Crypto Exchange FTX

Indifferent to a fault, I wasn’t surprised or dismayed by the collapse of FTX, which to me is just another trading platform causing just another cascade of business failures and liquidity issues. Even if it’s heartless to say, I’ll still say it: The lesson, “don’t invest more than you can lose,” is being learned again by a new crop of students at a high cost to some.