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Delve into the rise and fall of Sam Bankman-Fried's crypto empire, FTX. Explore his lavish lifestyle, Caroline Ellison's role, and Elon Musk's rejection of a billion-dollar offer. Witness the shocking collapse of a once-promising crypto giant and understand the impact it had on the entire industry. Uncover the truth behind the Spellcaster and the fall of Sam Bankman-Fried.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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