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Did Sam Bankman-fried collapse FTX?

A feature documentary about Sam Bankman-Fried and the stunning collapse of FTX, his cryptocurrency exchange. By what name was Ruin: Money, Ego and Deception at FTX (2023) officially released in Canada in English? Ruin: Money, Ego and Deception at FTX: Directed by Shern Sharma. With Sam Bankman-Fried.

What time does 'ruin' premiere on Bloomberg TV?

Film is First Feature Documentary Under the Bloomberg Originals Brand New York (October 25, 2023) – RUIN: Money, Ego and Deception at FTX, a feature documentary about Sam Bankman-Fried and the collapse of his cryptocurrency exchange FTX, premieres tonight on Bloomberg TV at 6pm EST and streams on Bloomberg Originals starting at 8pm EST.

How much money did FTX seek from investors?

According to a Reuters report, FTX sought around $9.4 billion in rescue funds from investors, seeking liquidity as many users pulled out their holdings. Bankman-Fried was reportedly in talks to raise cash from rival exchange OKX and stablecoin issuer Tether. He also sought a cash infusion from current FTX investors, including Sequoia Capital.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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