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CoinDesk

2022-12-14 22:01:13

After FTX: Explaining the Difference Between Liquidity and Insolvency

After FTX: Explaining the Difference Between Liquidity and Insolvency

Did FTX fall because of a “liquidity crisis” or a “run on the bank,” or was it insolvency? The language matters, says Frances Coppola.

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