Back

#FTX, the #crypto exchange that dramatically collapsed last month, said it was suffering a "liquidity crisis". But in fact it is deeply #insolvent. What is the difference between #liquidity and #solvency, and why does it matter? https://www.coindesk.com/consensus-magazine/2022/12/14/after-ftx-explaining-the-difference-between-liquidity-and-insolvency/