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FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’ Sam Bankman-Fried, the CEO of surging cryp…
FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’
Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices.