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Writer's picturecarltonhuxley

FTX Collapse

In the UK, crypto assets are largely unregulated.

Despite strong warnings from watchdogs like FCA about the risk of crypto investments, around 6.7 million people in the UK own or have bought crypto assets - close to one-tenth of the population.

Every time one one of those companies collapses it's a worrying time for those who have money in the business.

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