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In class we discussed the ongoing collapse of Sam Bankman-Fried's empire including FTX and Alameda Research. Discuss the major breaches of trust that occurred and

In class we discussed the ongoing collapse of Sam Bankman-Fried's empire including FTX and Alameda Research. Discuss the major breaches of trust that occurred and how they led to the downfall. How is the structure of the firm at FTX different from that at Coinbase? Could a similar collapse happen at Coinbase? Why or why not?

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