This article is excellent. In general I would strongly recommend following Matt Levine (you can sign up to newsletter for free). It seems completely insane to

This article is excellent. In general I would strongly recommend following Matt Levine (you can sign up to newsletter for free). It seems completely insane to use FTT token as collateral in the way FTX did. https://www.bloomberg.com/opinion/articles/2022-11-09/bankman-fried-s-ftx-had-a-death-spiral-before-binance-deal?sref=htOHjx5Y https://www.bloomberg.com/opinion/articles/2022-11-09/bankma...