Why was so much money sitting in FTX?

When the former cryptocurrency exchange FTX went under, billions of dollars in investments seemingly vanished. A listener asked us why FTX customers didn’t move money to a wallet. We’ll get into it and answer more of your questions about what happens when your company goes public and who benefits when you make a charitable donation at the grocery store checkout lane. Also, where do political campaign signs end up when the election’s over?

Here’s everything we talked about today:

• “What Are The Risks Of Crypto Savings Accounts?” from Forbes
• “Tom Brady, Stephen Curry, Larry David and Other Celebrities Are Being Sued for Pushing FTX” from Observer
• “The Ups and Downs of Initial Public Offerings” from Investopedia
• “So Your Company Is Going Public? 5 Things Every Employee Should Know” from Nasdaq 
• “How to recycle political campaign signs” from Today 
• “Who Gets the Tax Benefit For Those Checkout Donations?” from the Tax Policy Center
• “Where do your donations at the checkout register go?” from Marketplace
• “Meet America’s Charity Checkout Champions 2021” from Engage for Good 
• “‘Checkout charity’ can increase a shopper’s anxiety, especially when asks are automated” from The Conversation

If you’ve got a question about the economy, business or technology, let us know. We’re at makemesmart@marketplace.org, or leave us a message at 508-U-B-SMART.