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FTX Collapse Not the Worst for Crypto Investors This Year, Says Chainalysis Study

While the bankruptcy of Sam Bankman-Fried’s cryptocurrency exchange FTX has dominated headlines at the end of this year, it doesn’t represent the biggest losses for crypto investors in 2022, according to a Wednesday report from US-based blockchain analytics firm Chainalysis. 

The report says that the collapse of the Terra Luna stablecoin UST in May and the implosion of lending platform Celsius and the hedge fund Three Arrows Capital (3AC) a few weeks later drove the highest realized losses in individual crypto investments this year. 

FTX Sam Bankman-Fried
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