This week has seen a significant decline in the fortunes of Sam Bankman-Fried, the founder and CEO of FTX, a CEX. He sent messages to his employees on Tuesday detailing his mis-steps.
![ftx-ceo’s-leaked-messages-give-insight-into-cex’s-death-spiral](https://swapcryptos.net/wp-content/uploads/2022/11/21091/ftx-ceos-leaked-messages-give-insight-into-cexs-death-spiral-900x550.jpg)
FTX CEO’s leaked messages give insight into CEX’s death spiral
10/11/2022
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