Cryptocurrency Basics
What secures cryptocurrency transactions?
Blockchain
Who was the founder of FTX?
Sam Bankman-Fried
What is financial fraud?
Deceiving for financial gain
Name a benefit of blockchain.
Transparency, Traceability, Security, and Efficiency
How much money was misused at FTX?
Over $8 billion
What is a sign of fraud?
Missing funds
What does "decentralized" mean?
No central authority
What year was the founder convicted?
2024
Why is ethics important in crypto?
Builds trust and prevents fraud