Tag: collapse

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Understanding and Avoiding Ponzi Schemes: A General Guide

Ponzi schemes are a type of financial fraud that has been around for over a century. Named after Charles Ponzi, who infamously ran such a scheme in the early 20th century

FTX: What Went Wrong and How It Could Have Been Prevented

The cryptocurrency exchange FTX recently collapsed, leaving its users high and dry. This could have been prevented if the company had taken certain precautions....