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FTX collapsed practically a yr in the past, after CoinDesk’s Ian Allison reported that Alameda held an enormous quantity of FTX’s change token, FTT, a revelation which, mixed with tweets from Binance CEO Changpeng Zhao, sparked what Bankman-Fried described as a “run on FTX” – finally resulting in FTX, Alameda and the businesses’ varied subsidiaries submitting for chapter.
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