full image - Repost: The FTX collapse is a free market working as it should. (from Reddit.com, The FTX collapse is a free market working as it should.)
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People who trust their money to fraudsters find themselves broke. They have to pick themselves back up and try again. Every once in a while the market is saturated and needs to flush out all the bad investments and debts. Now the FTX polycule has imploded and it is taking many players out with it. The market is much healthier as a result.
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