Lesson #542

Cryptocurrencies are highly volatile assets.

January 30, 2023

Collapse of FTX: what happened and what comes next

FTX was a cryptocurrency futures exchange. However, the firm suddenly collapsed into bankruptcy in late 2022, leaving millions of customers without their deposits. The 30-year-old founder is charged with fraud and could face over 100 years in jail. Plus, learn English phrasal verb "pay up."

Exercise

Exercises for Lesson 542

Video

To say the least

Say you’ve made an understatement with 'to say the least'

Lingo

Rival

A 'rival' is someone with whom you have an intense competition

Expression

Pay up

To 'pay up' is to pay a debt in full (even if you don't want to)

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