In Africa, FTX Promised Stability and Swag
WSJ Tech News Briefing - A podcast by The Wall Street Journal
Across Africa FTX used brand ambassadors and glitzy events to attract new users . Many customers saw cryptocurrency as a way to protect against inflation in local currencies. But when the crypto exchange collapsed many lost their savings. WSJ reporter Alexandra Wexler joins host Zoe Thomas to discuss how FTX grew in Africa and what happened to investors. Learn more about your ad choices. Visit megaphone.fm/adchoices
