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The FTX Disaster is Deeper Than you ThinkCrypto is Here to Stay. TL;DR: It's been a pivotal year since FTX rattled the crypto world. As the chapter closes with the rightful conviction. According to a report, the embattled FTX exchange had launched a USD deposit product, offering an 8% interest rate. Increased scrutiny drives institutional players to look for enhanced due diligence and reevaluate counterparties and risk.