FTX’s Financials Leaked
and showed revenue grew explosively during the pandemic, even though US represented less than 5% of this. About a two minute read.
Comment: my gosh what’s not to like — margins approaching 50%, $2.5B in cash and a global footprint. Still privately held, and unlikely to go public anytime soon — clearly doesn’t need the money and Fintech bubble has well and truly burst.
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