How African Students Became Victims of FTX’s Collapse

With exchanges like Binance still running ambassadorships in African countries, students have become increasingly skeptical of the programs, following their experiences with FTX. “You cannot find Binance doing campus programs in US universities and campuses, but they know Africa is a place where you can do things, speak to some regulators, and get as many users as you want.” “People are no longer thinking about working for a big exchange anymore, they’re looking at how insured is this, and how much of my reputation am I putting on the line,” said the former FTX student ambassador.

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