Source: news.google.com
the FTX The saga continued to be in the spotlight over the weekend after last week’s revelations and subsequent bankruptcy filing by the cryptocurrency exchange. Crypto backers and bashers took to social media platforms and chat rooms to offer their views on the FTX meltdown.
As a new trading week kicks off, here’s a rundown of some of the top headlines that poured in over the weekend:
1. Déjà vu for investors as FTX crashes: Last week’s developments in the crypto market gave a sense of déjà vu as investors began to draw parallels to the 2008 collapse of Lehman Brothers that triggered a chain of events culminating in the 2008 global financial crisis. Just when greed and financial exuberance prompted Lehman to overinvest in mortgage-backed securities,…
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