The chart of the week looks at the estimated valuation of crypto firm FTX since 2019. Many prominent investment firms invested in the company at increasingly higher and higher valuations, at its peak a $32 billion valuation. FTX recently filed for bankruptcy. More and more news comes out about the mishaps in how the company was run. This is a good reminder of the phrase “too good to be true”, which is the topic of a future Relatable Finance podcast. Be sure you are weighing the potential risk with the potential reward in all investment decisions.

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