FTX Deal Marks Crypto’s Bear Stearns Moment

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In FTX.com’s Sam Bankman-Fried, the crypto world believed it had found its J. Pierpont Morgan, the Gilded Age financier who helped the markets avert disaster more than a century ago.
In the end, FTX looks a lot more like Bear Stearns Cos., [the Wall Street firm rescued](https://www.wsj.com/articles

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