What went wrong with FTX?

So, let's dive into the question on everyone's mind: What exactly went wrong with FTX? Was it just a matter of poor risk management? Or were there deeper issues at play? Did the company's aggressive growth strategy and lack of transparency contribute to its downfall? And how did the close relationship between the CEO and other key players impact the decision-making process? These are just a few of the questions swirling around in the aftermath of FTX's collapse. Let's delve deeper and try to understand the root causes of this cryptocurrency exchange's demise.