FT X - I Don't Understand the Magic of Cryptocurrency

Fraud is a word that I've heard all weekend long by the big big crypto currency players, says Kilmeade. FT X use their own coin, their own self-make coin as collateral in these big two billion dollar loans. If you look at the balance sheet over the weekend, there is virtually no money left in FT X. What caused the implosion? Well, a lot of things.