FOX Business host Stuart Varney argues markets ‘need the trust of investors.’
STUART VARNEY: When you use the word “collapse” in the financial world, you’re talking serious stuff.
Well, that word is being used today.
FTX, the big crypto exchange is collapsing. A rival firm, Binance, having taken a look at the books, now refuses to bail it out.
FTX is insolvent.
That means a lot of people who own crypto can’t get their money out.
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