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Totally unlikely: FTX’s revenues increased by over 1000% last year!

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According to CNBC’s report, FTX’s revenue increased by more than 1000% last year, from $89 million to $1.02 billion. FTX’s operating income in 2021 jumped to $272 million from $14 million a year ago in 2020. Similarly, the company’s net income was $388 million last year, a massive increase from $17 million the year before. […]

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